Canadian Dollar Climbs Against Most Majors

RTTNews | 170 dagar sedan
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 more than a 3-month high of 111.19 against the yen, from yesterday's closing value of 110.93.

Against the U.S. dollar and the euro, the loonie advanced to 1.3871 and 1.4916 from Wednesday's closing quotes of 1.3938 and 1.4953, respectively.

If the loonie extends its uptrend, it is likely to find resistance around 112.00 against the yen, 1.36 against the greenback 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 other major currencies in the Asian session on Friday, as traders remain optimistic about a favorable outcome from the ongoing tariff negotiations between the U.S. and several partner countries, particularly China, Japan, South Korea and India. Comments from two U.S. Fed officials about cutting interest rates also improved market sentiment.
RTTNews | 1 dag sedan
U.S. Dollar Rises Amid Easing Trade Tensions, Trump's Stance On Powell

U.S. Dollar Rises Amid Easing Trade Tensions, Trump's Stance On Powell

The U.S. dollar strengthened against its major counterparts in the New York session on Wednesday, amid optimism about easing trade tensions between the U.S. and China and President Donald Trump appeared to soften his stance on Federal Reserve Chair Jerome Powell.
RTTNews | 2 dagar sedan
Commodity Currencies Rise Amid Hopes For US-China Trade Deal

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday, after U.S. President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.
RTTNews | 3 dagar sedan
Canadian Dollar Climbs Amid Risk Appetite

Canadian Dollar Climbs Amid Risk Appetite

The Canadian dollar advanced against its major counterparts in the New York session on Tuesday, as investor sentiment improved after Treasury Secretary Scott Bessent said that the trade war between the US and China may de-escalate.
RTTNews | 3 dagar sedan