Canadian Dollar Slides Against Majors
(RTTNews) - The Canadian dollar weakened against other major currencies in the European session on Friday.
The Canadian dollar fell to a 4-1/2-year low of 1.4070 against the U.S. dollar, from an early high of 1.4052.
Against the euro and the yen, the loonie slid to 2-day lows of 1.4848 and 110.73 from early highs of 1.4804 and 111.44, respectively.
The loonie edged down to 0.9095 against the Australian dollar, from an early high of 0.9068.
If the loonie extends its downtrend, it is likely to find support around 1.41 against the greenback, 1.51 against the euro, 109.00 against the yen and 0.92 against the aussie.
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Canadian Dollar Slides As Crude Oil Prices Drop
The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices declined amid worries about oversupply by growing U.S. crude stocks.
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Pred 9 h 34 min
Yen Falls As Japan GDP Growth Slows In Q3
The Japanese yen weakened against other major currencies in the Asian session on Friday, as weak GDP data dampened expectations for more rate hikes by the Bank of Japan.
Data from the Cabinet Office showed that the Japan's gross domestic product expanded by a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024. That was in line with expectations and down from 0.7 percent in the second quarter.
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Pred 11 h 11 min
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
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Pred 11 h 38 min
Antipodean Currency's 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 Thursday, as traders fretted about the impact of U.S. President-elect Donald Trump's proposed tariffs on inflation and interest rates. The U.S. dollar also strengthened against major currencies in the region.
RTTNews
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Pred 1 dňom
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews
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Pred 1 dňom
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews
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Pred 1 dňom
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
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Pred 1 dňom
U.S. Dollar Higher On Trump's Policy Outlook
The U.S. dollar climbed against its major counterparts in the New York session on Wednesday on hopes that President-elect Donald Trump's policies on tariffs will rekindle inflation and keep interest rates high.
RTTNews
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Pred 1 dňom
