Loonie Falls Ahead Of Canada Jobs Data
(RTTNews) - Statistics Canada will release Canada jobs data for December at 8:30 am ET Friday. Ahead of the data, the loonie dropped against its major counterparts.
The loonie was worth 1.4336 against the euro, 0.9192 against the aussie, 1.3654 against the greenback and 98.43 against the yen as of 8:25 am ET.
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U.S. Dollar Falls As China Retaliates Against U.S. Tariffs
The U.S. dollar continued to trade lower against other major currencies in the Asian session on Wednesday, as China imposed tariffs on U.S. goods, like as liquefied natural gas and oil.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other currencies in the Asian session on Wednesday.
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U.S. Dollar Lower As Tariff Worries Ease
The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, as President Donald Trump paused trade tariffs on Mexico and Canada for a month.
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Commodity Currencies Advance After Trump's Tariff Delay
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as traders reacted positively to U.S. President Donald Trump's latest decision to delay imposing the planned tariffs on Mexico and Canada after successful negotiations with the respective leaders. The tariffs could have renewed inflation fears, leading the U.S. Fed to keep interest rates on hold for longer.
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Canadian Dollar Advances Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Tuesday.
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U.S. Dollar Falls As Trump Pauses Mexico's Tariffs
The U.S. dollar weakened against its major counterparts in the New York session on Monday, as risk sentiment improved after US President Donald Trump and Mexican President Claudia Sheinbaum agreed to suspend tariffs for one month.
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Commodity Currencies Decline As Trump Announces Tariffs
The commodity currencies such as Australia, the New Zealand and the Canadian dollars declined against their major currencies in the Asian session on Monday, after news the U.S. tariffs were put in place over the weekend, which led to concerns about higher inflation that will force the U.S. Fed to put a hold on interest rate cuts for longer.
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U.S. Dollar Advances Amid Trump's Tariff Threats
The U.S. dollar firmed against its most major counterparts in the New York session on Friday amid concerns about President Donald Trump's renewed pledge to slap 25 percent tariffs on imports from Canada and Mexico on February 1.
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