LOGO
LOGO

Canadian News

Euro Extends Downtrend Versus Australian, New Zealand And Canadian Dollars

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The European common currency extended its previous session's downward trading against the Australian, New Zealand and Canadian currencies in New York mid-day deals on Tuesday. At 11:30 am ET, the euro dropped to a new multi-month low of 1.2572 versus the Aussie, which may be compared to yesterday's close of 1.2661.

The euro that closed Monday's New York session at 1.6239 against the NZ dollar, traded further lower in today's mid-morning session and fell to near a 2-month low of 1.6074 by about 11:35 am ET.

Against its Canadian counterpart, the European single currency declined further during New York morning deals today. The pair slipped to a fresh multi-day low of 1.2809 at around 11:30 am ET from yesterday's closing value of 1.2881.

Currently, the euro is worth 1.2818 against the loonie, 1.2581 versus the Aussie and 1.6094 against the kiwi.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19