Canadian Dollar Falls Against Majors
(RTTNews) - The Canadian dollar weakened against other major currencies in the Asian session on Tuesday.
The Canadian dollar fell to nearly a 2-1/2-month low of 1.3807 against the U.S. dollar, from yesterday's closing value of 1.3795.
Against the yen, the euro and the Australian dollar, the loonie dropped to 108.31, 1.5057 and 0.9288 from Monday's closing quotes of 108.55, 1.5049 and 0.9277, respectively.
If the loonie extends its downtrend, it is likely to find support around 1.39 against the greenback, 104.00 against the yen, 1.52 against the euro and 0.94 against the aussie.
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Antipodean Currencies Slide Amid Risk Aversion
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Wednesday amidst risk aversion, as some traders looked to cash in on recent strength in the markets and booked some profits. The rising tensions in the Middle East and reports about China's extensive drills around Taiwan are also hurting market sentiment.
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10h 48min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
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11h 50min ago
Euro Weakens Ahead Of ECB Rate Decision
The euro declined against its most major counterparts in the New York session on Tuesday, ahead of the European Central Bank meeting that is widely expected to deliver another interest rate cut after recent data signaled continued weakness in the euro zone economy.
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23h 14min ago
Yen Rises Amid BoJ Rate Hike Uncertainty
The Japanese yen strengthened against other major currencies in the European session on Tuesday, following Bank of Japan Governor Kazuo Ueda's dovish remarks and incoming Prime Minister Shigeru Ishiba's unexpected resistance to additional rate increases.
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1 day ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
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1 day ago
Canadian Dollar Falls Ahead Of Canada CPI Data
The Canadian dollar weakened against other major currencies in the Asian session on Tuesday, as traders await the release of the latest Canadian consumer inflation figures due later on the day. The drop of crude oil prices also undermined the currency.
RTTNews
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1 day ago
U.S. Dollar Rises As China Economy Grows
The U.S. dollar strengthened against other major currencies in the Asian session on Monday, as a Japanese holiday reduced liquidity and made China's very lackluster weekend stimulus measures the center of attention for the market.
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2 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Monday.
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2 days ago
