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Commodity Currency's Slide Amid Risk-off Mood

Commodity Currency's Slide Amid Risk-off Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Monday amid increased risk-off mood by the investors, as the markets are priming up for the new U.S. tariffs later in the week, primarily the 25 percent tariffs on auto and auto parts imports. The Japanese market is pulling down the markets with a 3.7 percent drop on concerns that the tariffs could hit domestic production and auto sector jobs.
RTTNews | 15小時27分鐘前
Commodity Currencies Advance Amid Risk-on Mood

Commodity Currencies Advance 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 Wednesday, as investors risk-on mood increased amid optimism about earlier interest rate cuts by the U.S. Fed after U.S. consumer confidence deteriorated by more than expected in the month of March. Traders are also optimistic about some tariff exemptions by the U.S. administration as they seek greater clarity on the next round of tariffs.
RTTNews | 5天前
Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Wednesday.
RTTNews | 12天前
Euro Drops Amid EU-US Trade War Concerns

Euro Drops Amid EU-US Trade War Concerns

The euro weakened against other major currencies in the European session on Thursday, as investors remain cautious about the outlook for the EU-US trade relationship.
RTTNews | 18天前
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against other major currencies in the European session on Thursday.
RTTNews | 18天前
Canadian Dollar Higher After Soft U.S. Inflation Data

Canadian Dollar Higher After Soft U.S. Inflation Data

The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday, as U.S. inflation report came in cooler than expected in February, suggesting that the Federal Reserve will resume rate cuts in June.
RTTNews | 19天前