Advertisement
NZ Dollar Advances Against Majors
(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
The NZ dollar rose to a 10-day high of 0.5746 against the U.S. dollar and a 9-day high of 85.64 against the yen, from yesterday's closing quotes of 0.5728 and 85.28, respectively.
Against the euro and the Australian dollar, the kiwi edged up to 1.8814 and 1.1050 from Wednesday's closing quotes of 1.8845 and 1.1063, respectively.
If the kiwi extends its uptrend, it is likely to find resistance around 0.58 against the greenback, 87.00 against the yen, 1.84 against the euro and 1.09 against the aussie.
read more
Commodity Currencies Rise Amid Risk-on Mood
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Thursday amid risk appetite, as traders react positively to news that the Trump administration announced a one-month delay on tariffs affecting cars entering the U.S. from Canada and Mexico, raising hopes for negotiations.
RTTNews
|
Před 13 h 13 min
U.S. Dollar Falls Amid U.S. Growth Concerns
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid growing worries about slowing U.S. economic growth and the effects of recently imposed tariffs.
Instead of being pro-growth and inflationary for the economy, as investors had previously predicted, they are expecting Trump's tariffs to slow down U.S. economic growth.
RTTNews
|
Před 1 dnem
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
RTTNews
|
Před 1 dnem
Euro Rises Amid German Debt Brake Reform
The euro strengthened against other major currencies in the European session on Wednesday, as traders reacted positively to news about the German government's plans to increase defense and infrastructure spending.
RTTNews
|
Před 1 dnem
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
Před 1 dnem
Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as investors reacted positively to the actions taken by China to counter the effects of deflation and a slew of upbeat GDP and PMI data from the region. Markets are also cautious following the imposition of tariffs by U.S. in Canada, Mexico and China, and the retaliatory measures by China and Canada.
RTTNews
|
Před 1 dnem
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
Před 1 dnem
Antipodean Currencies Slide On Trump Tariff Threat
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Tuesday, amid concerns about the economic impact after U.S. President Donald Trump confirmed the 25% tariffs on Canada and Mexico as well as the additional 10 percent tariff on China will take effect Tuesday. The reciprocal tariffs on other U.S. trade partners will be imposed on April 2.
RTTNews
|
Před 2 dny
