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Commodity Currency's Slide As Crude Oil Prices Traded Lower

Commodity Currency's Slide As Crude Oil Prices Traded Lower

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as oil prices dropped after the U.S. President Donald Trump postponed imposing fresh tariffs and unveiled a plan to increase U.S. oil and gas production.
RTTNews | vor 1 Tagen
Commodity Currencies Rise Amid Risk Appetite

Commodity Currencies Rise Amid Risk Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, as markets in the region cheered news that President-elect Donald Trump's economic team is discussing a cautious and slow approach in implementing tariff hikes to avoid an inflation spike.
RTTNews | vor 8 Tagen
Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as a slowing Core CPI renewed hopes of a rate cut by the Reserve Bank of Australia in February.
RTTNews | vor 14 Tagen