Dollar Stays Weak Against Major Counterparts

RTTNews | 76天前
Dollar Stays Weak Against Major Counterparts

(RTTNews) - The dollar drifted down on Tuesday, extending losses from previous session, amid concerns about the economic impact of trade war following the imposition of tariffs by U.S. on Canada, Mexico and China, and the retaliatory measures by China and Canada.

Trump announced that his administration will impose tariffs on agricultural products imported into America from April 2nd.

The dollar index dropped to 105.53, losing nearly 1.2%.

Against the Euro, the dollar weakened to 1.0627. The dollar weakened to 1.2795 against Pound Sterling.

The dollar slipped against the Japanese currency, dropping to 149.82 yen a unit. Against the Aussie, the dollar eased to 0.6271.

The Swiss franc gained against the dollar, firming to CHF 0.8895 a unit of the U.S. currency. The Loonie strengthened to 1.4394 against the dollar.

read more
Rebound Expected For Taiwan Stock Market

Rebound Expected For Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,520-point plateau although it figures to bounce higher again on Tuesday.
RTTNews | 24分钟前
Mild Upside Seen For Singapore Stock Market

Mild Upside Seen For Singapore Stock Market

The Singapore stock market on Monday snapped the two-day winning streak in which it had risen more than 25 points or 0.6 percent. The Straits Times Index now sits just above the 3,875-point plateau and it figures to remain rangebound again on Tuesday.
RTTNews | 54分钟前
Malaysia Stock Market May Tick Higher On Tuesday

Malaysia Stock Market May Tick Higher On Tuesday

The Malaysia stock market has ticked lower in three straight sessions, shedding more than 25 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau although it may find traction on Tuesday.
RTTNews | 1小时24分钟前
Japan Stock Market May Snap Losing Streak

Japan Stock Market May Snap Losing Streak

The Japanese stock market has moved lower in four straight sessions, dropping more than 700 points or 2 percent along the way. The Nikkei 225 now sits just beneath the 37,500-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 1小时39分钟前
South Korea Shares Likely To Remain Rangebound

South Korea Shares Likely To Remain Rangebound

The South Korea stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,600-point plateau and it's expected to hold steady in that neighborhood again on Tuesday.
RTTNews | 1小时54分钟前
Australia Rate Decision Due On Tuesday

Australia Rate Decision Due On Tuesday

The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to trim its benchmark lending rate to 3.85 percent from the current 4.10 percent.
RTTNews | 2小时54分钟前
Euro Retreats Against Majors

Euro Retreats Against Majors

The euro retreated against its major counterparts in the New York session on Monday.
RTTNews | 5小时0分钟前
Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

Swiss Market Turns Positive In Closing Minutes, Ends Slightly Up

The Switzerland market closed marginally up on Monday thanks to a few stocks finding some good support in the closing hour of the session. The sentiment was weak for much of the day's session as Moody's downgraded the United States' sovereign credit rating.
RTTNews | 7小时33分钟前