NZ Dollar Slides Against Majors
(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
The NZ dollar fell to more than a 2-week low of 0.5602 against the U.S. dollar, nearly a 7-month low of 83.67 against the yen and a 2-month low of 1.8538 against the euro, from yesterday's closing quotes of 0.5626, 84.44 and 1.8475, respectively.
Against the Australian dollar, the kiwi edged down to 1.1090 from Thursday's closing value of 1.1077.
If the kiwi extends its downtrend, it is likely to find support around 0.54 against the greenback, 82.00 against the yen, 1.86 against the euro and 1.12 against the aussie.
read more
Commodity Currency's Slide Amid Risk Aversion
The Commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Friday amid risk aversion, as investors reacted to U.S. President Donald Trump's confirmation that tariffs on Mexico and Canada would proceed next week, along with an additional 10 percent tariff in China.
RTTNews
|
10h 44min ago
U.S. Dollar Advances Against Majors
The U.S. dollar firmed against its major counterparts in the New York session on Thursday.
RTTNews
|
18h 56min ago
Antipodean Currencies Fall As Trump's Tariff Threats Prompt Risk-off Mood
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, as concerns over a global trade war reignited after US President Donald Trump's latest tariff announcements. He newly indicated plans for 25 percent "reciprocal" tariffs on European autos and other goods.
RTTNews
|
1 day ago
NZ Dollar Falls Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
1 day ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
1 day ago
U.S. Dollar Weakens Amid Falling Yields
The U.S. dollar declined against its major counterparts in the New York session on Tuesday, as treasury yields fell and recent economic data suggested a slowdown in growth.
RTTNews
|
2 days ago
Yen Rises On BoJ Rate Hike Bets
The Japanese yen strengthened against other major currencies in the European session on Tuesday amid rising speculation that the Bank of Japan (BoJ) will hike interest rates further.
RTTNews
|
3 days ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Tuesday.
RTTNews
|
3 days ago
