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Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

Commodity Currency's Slide As Oil Prices Drop, Fed Policy Announcement

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday, as the crude oil prices fell amid concerns about the outlook for global demand, and possible excess supply in the market next year.
RTTNews | il y a 5
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Friday.
RTTNews | il y a 9
Australian Dollar Rises On Upbeat Aussie Jobs Data

Australian Dollar Rises On Upbeat Aussie Jobs Data

The Australian dollar strengthened against other major currencies in the Asian session on Thursday, after the release of nation's upbeat domestic jobs data that dimed hopes for an early interest rate cut in 2025.
RTTNews | il y a 11
Commodity Currency's Slide As China Trade Data Disappoints

Commodity Currency's Slide As China Trade Data Disappoints

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, after data showed China's exports growth slowed in November and imports declined the most in 14 months, fueling worries about the health of the world's second-largest economy.
RTTNews | il y a 13
Antipodean Currencies Fall Amid Risk Aversion

Antipodean Currencies Fall Amid Risk Aversion

Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as traders remain cautious and are reluctant to make significant moves ahead of the release of the closely watched monthly U.S. jobs data later in the day that will offer clues on the U.S. Fed's interest rate moves. Political turmoil in South Korea and France also weighed on the investor sentiment.
RTTNews | il y a 17
Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation

Aussie Falls As Weaker GDP Growth Spurs RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as slower domestic growth spurred bets that the Reserve Bank of Australia (RBA) is likely to cut interest rates in early 2025. Also, a private survey showed that China's services sector grew less than expected in November.
RTTNews | il y a 19