Canadian Dollar Climbs Against Most Majors

RTTNews | 1 ngày trước
Canadian Dollar Climbs Against Most Majors

(RTTNews) - The Canadian dollar strengthened against most major currencies in the Asian session on Friday.

The Canadian dollar rose to a 2-day high of 1.5702 against the euro and nearly a 2-week high of 103.67 against the yen, from Thursday's closing quotes of 1.5757 and 103.11, respectively.

Against the U.S. dollar, the loonie edged up to 1.38565 from an early low of 1.3889.

If the loonie extends its uptrend, it is likely to find resistance around 1.55 against the euro, 105.00 against the yen and 1.35 against the greenback.

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 ngày trước
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 ngày trước
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 ngày trước
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 ngày trước
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 4 ngày trước