EURCAD Forex News

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 | 3 days ago
Euro Slides Against Majors

Euro Slides Against Majors

The euro weakened against other major currencies in the European session on Wednesday.
RTTNews | 10 days ago
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 | 16 days ago
Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against other major currencies in the European session on Thursday.
RTTNews | 16 days ago
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 | 16 days ago
Canadian Dollar Extends Decline As Trade War Intensifies

Canadian Dollar Extends Decline As Trade War Intensifies

The Canadian dollar extended decline against its major counterparts in the New York session on Tuesday, after U.S. President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.
RTTNews | 17 days ago
Commodity Currency's Slide On Concerns Over U.S. Tariffs, Global Trade War

Commodity Currency's Slide On Concerns Over U.S. Tariffs, Global Trade War

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, amid increasing worries the U.S. is headed for a recession and concerns over the health of the world economy following the likely impact of President Donald Trump's tariffs and trade policies.
RTTNews | 18 days ago