The US dollar traded lower against major opponents during New York mid-day trading on Friday. The greenback dropped to new multi-week low against the British pound, new multi-day lows against the franc and the euro in the same period. Extending previous session downtrend, the greenback declined further against the British currency in New York deals
Wednesday in Asia, the Australian dollar extended its previous sessions’ uptrend against most majors as a rally in most Asian stocks and the Reserve Bank of Australia’s 0.25% hike on interest rate yesterday prompted traders to hold positions in riskier assets. The Australian currency rose to a fresh record high against the euro and a
The yen that rose against other major currencies in early Wednesday Asian deals pared its gains after 7:55 pm ET as investors remained cautious ahead of the outcome of the two-day policy meeting of the Bank of Japan. The yen plunged to new multi-month lows against the Australian and the Canadian dollars and a 2-day
During early deals on Tuesday, the euro slipped against most major currencies after reports rekindled concerns over Greece’s fiscal woes, prompting investors to sell the common currency. The euro plunged to a new record low against the aussie, new multi-year low against the Canadian dollar, 6-day lows against the US dollar and the yen. Meanwhile,
In early European deals on Tuesday, the US dollar and the Japanese yen extended their Asian session’s uptrend against other major currencies as lingering uncertainties over Greece prompted investors to seek the safe-haven currencies. Market News International reported, citing senior government officials in Athens it didn’t identify, that the Greek government wants to amend the
