The Canadian dollar edged higher against its major rivals in early European trading on Friday despite a decline in oil prices. The Canadian dollar rose to a new multi-year high against the euro and a 7-month high against the Australian dollar. Light sweet crude for June delivery dropped 11 cents to $83.59 per barrel today
During early Asian deals on Thursday, the yen strengthened to multi-day highs against most major currencies as a fall in most Asian stocks prompted investors toward safe-haven Japanese currency. The Japanese stock market is falling sharply today with investors indulging in some heavy profit taking after recent strong gains. The flat close on Wall Street,
The Australian dollar extended its previous session’s downtrend against its major opponents on Thursday morning in Asia as a slide in most Asian stocks prompted traders to refrain from higher-yielding currencies. The aussie slumped to a 16-day low against the Canadian dollar and a 2-day low against the rest of majors. The Australian stock market
The Japanese yen showed weakness across the board in late Asian deals on Wednesday. The yen slumped to a 6-day low of 87.05 against the aussie and a 5-day low of 143.67 against the pound around 1:55 am ET. On the downside, the yen may test support levels at 144.8 against the pound and 87.70
The Australian dollar strengthened against its major rivals on Tuesday morning in Asia. The aussie climbed to a 4-day high of 0.9277 against the US dollar and 85.99 against the Japanese yen around 9:30 pm ET Monday from Monday’s New York session closing values of 0.9241 and 85.39, respectively. On the upside, the aussie may
