Advertisement
NZ Dollar Slides Against Most Majors
(RTTNews) - The New Zealand dollar weakened against other major currencies in the Asian session on Friday.
The NZ dollar fell to a 5-year low of 1.8924 against the euro, from yesterday's closing value of 1.8807.
Against the yen and the U.S. dollar, the kiwi slipped to a 3-day low of 84.29 and a 2-day low of 0.5712 from Thursday's closing quotes of 84.98 and 0.5736, respectively.
If the kiwi extends its downtrend, it is likely to find support around 1.90 against the euro, 83.00 against the yen and against the 0.55 against the greenback.
read more
Antipodean Currencies Slide After China Trade Data
The Antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Friday, following the release of China's trade data that showed a sharp slowdown in exports growth and an unexpected fall in imports during the January to February period.
RTTNews
|
2 gün önce
U.S. Dollar Weakens As Tariff Concerns Ease
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as worries about tariffs eased following the Trump administration's decision to delay car tariffs for Canada and Mexico by a month.
RTTNews
|
3 gün önce
Commodity Currencies Rise 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 Thursday amid risk appetite, as traders react positively to news that the Trump administration announced a one-month delay on tariffs affecting cars entering the U.S. from Canada and Mexico, raising hopes for negotiations.
RTTNews
|
3 gün önce
NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews
|
3 gün önce
U.S. Dollar Falls Amid U.S. Growth Concerns
The U.S. dollar weakened against other major currencies in the European session on Wednesday, amid growing worries about slowing U.S. economic growth and the effects of recently imposed tariffs.
Instead of being pro-growth and inflationary for the economy, as investors had previously predicted, they are expecting Trump's tariffs to slow down U.S. economic growth.
RTTNews
|
4 gün önce
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
RTTNews
|
4 gün önce
Euro Rises Amid German Debt Brake Reform
The euro strengthened against other major currencies in the European session on Wednesday, as traders reacted positively to news about the German government's plans to increase defense and infrastructure spending.
RTTNews
|
4 gün önce
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
4 gün önce
