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U.S. Dollar Falls Against Majors

RTTNews | 18 days ago

U.S. Dollar Falls Against Majors

(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.

The U.S. dollar fell to more than a 1-month low of 1.0829 against the euro and nearly a 2-week low of 1.2601 against the pound, from yesterday's closing quotes of 1.0814 and 1.2588, respectively.

Against the yen and the Swiss franc, the greenback dropped to 2-day lows of 156.18 and 0.9054 from Tuesday's closing quotes of 156.52 and 0.9064, respectively.

The greenback edged down to 1.3637 against the Canadian dollar, from yesterday's closing value of 1.3654.

If the greenback extends its downtrend, it is likely to find support around 1.07 against the euro, 1.27 against the pound, 151.00 against the yen, 0.89 against the franc and 1.35 against the loonie.

Tags: USDCHF EURUSD GBPUSD USDCAD USDJPY

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U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.

RTTNews | 1 day ago

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Friday.

RTTNews | 2 days ago

Euro Rises Against Majors

Euro Rises Against Majors

The European currency strengthened against other major currencies in the European session on Friday.

RTTNews | 2 days ago

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The U.S. dollar declined against its major counterparts in the New York session on Thursday, as economic growth slowed more than previously estimated in the first quarter and jobless claims edged up last week, raising expectations for an interest rate cut in the near future.

RTTNews | 2 days ago

Commodity Currencies Fall Amid Risk Aversion

Commodity Currencies Fall Amid Risk Aversion

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, as bond yields continued to spike amid uncertainty about the U.S. Fed's interest-rate moves ahead of key inflation data later in the week.

RTTNews | 3 days ago

Swiss Franc Rises Against Most Majors

Swiss Franc Rises Against Most Majors

The Swiss franc strengthened against most major currencies in the European session on Thursday.

RTTNews | 3 days ago

U.S. Dollar Advances Against Euro, Pound

U.S. Dollar Advances Against Euro, Pound

The U.S. dollar rose against the euro and the pound in the Asian session on Thursday.

RTTNews | 3 days ago

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.

RTTNews | 3 days ago

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