Canadian Dollar Drops Against Most Majors
(RTTNews) - The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
The Canadian dollar fell to a 2-week low of 1.3756 against the U.S. dollar and more than a 2-week low of 1.4764 against the euro, from yesterday's closing quotes of 1.3735 and 1.4749, respectively.
Against the yen, the loonie edged down to 117.50 from an early high of 117.68.
If the loonie extends its downtrend, it is likely to find support around 1.38 against the greenback, 1.49 against the euro and against the yen.
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Yen Rises After BoJ Keeps Key Rate Unchanged
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its key interest rate unchanged as widely expected on Thursday and retained a cautious approach as political instability and looming U.S. presidential election added concerns about economic outlook.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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U.S. Dollar Retreats As GDP Growth Slows
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Commodity Currencies Extend Slide Amid Risk Aversion
The Commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars extended its weakness against major currencies in the Asian session on Wednesday amid risk aversion, as traders are cautious and reluctant to take positions ahead of the next week's U.S. presidential election and the U.S. Fed's monetary policy decision. Concern about the tension in the Middle East is also weighing on the markets.
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Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Wednesday.
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Commodity Currencies Fall As Oil Prices Slide
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 crude oil prices fell amid rising geopolitical tensions in the Middle East.
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Canadian Dollar Slides Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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CORRECTION: U.S. Dollar Drops As Key Data In Focus
Corrects Headline and Introduction
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