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Commodity Currency's Slide As Crude Oil Prices Traded Lower

Commodity Currency's Slide As Crude Oil Prices Traded Lower

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday, as oil prices dropped after the U.S. President Donald Trump postponed imposing fresh tariffs and unveiled a plan to increase U.S. oil and gas production.
RTTNews | 1天前
Commodity Currencies Rise Amid Risk Appetite

Commodity Currencies Rise Amid Risk Appetite

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, as markets in the region cheered news that President-elect Donald Trump's economic team is discussing a cautious and slow approach in implementing tariff hikes to avoid an inflation spike.
RTTNews | 8天前
Euro Falls On Tariff Concerns

Euro Falls On Tariff Concerns

The euro dropped against its most major counterparts in the New York session on Wednesday on concerns that implementation of new tariffs by the incoming Donald Trump administration could lift inflation.
RTTNews | 13天前
Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as a slowing Core CPI renewed hopes of a rate cut by the Reserve Bank of Australia in February.
RTTNews | 14天前