Canadian Dollar Climbs Against Most Majors

RTTNews | 13j 7min yang lalu
Canadian Dollar Climbs Against Most Majors

(RTTNews) - The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.

The Canadian dollar rose to an 8-day high of 1.4310 against the U.S. dollar, from yesterday's closing value of 1.4340.

Against the yen and the euro, the loonie edged up to 104.24 and 1.5455 from Wednesday's closing quotes of 103.84 and 1.5478, respectively.

If the loonie extends its uptrend, it is likely to find resistance around 1.41 against the greenback, 108.00 against the yen and 1.48 against the euro.

read more
Commodity Currencies Rise Amid Risk-on Mood

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 | 12j 13min yang lalu
Canadian Dollar Weakens As Oil Prices Fall

Canadian Dollar Weakens As Oil Prices Fall

The Canadian dollar declined against its most major counterparts in the New York session on Wednesday amid lower oil prices, as U.S. crude oil inventories increased unexpectedly last week.
RTTNews | 1 hari yang lalu
U.S. Dollar Falls Amid U.S. Growth Concerns

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 | 1 hari yang lalu
Euro Rises Amid German Debt Brake Reform

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 | 1 hari yang lalu
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 1 hari yang lalu
Yen Falls Amid Risk-on Mood

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 | 1 hari yang lalu
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1 hari yang lalu