#memorandum of understanding

The post Why is the Canadian Dollar outperforming its peers on Wednesday? appeared on BitcoinEthereumNews.com. The Canadian Dollar (CAD) trades higher against its major currency peers, with USD/CAD sliding 0.26% to near 1.4160 during the European trading session on Wednesday. The CAD jumps as oil prices rally, following remarks from United States (US) President Donald Trump that the Memorandum of Understanding (MoU) with Iran is over. Canadian Dollar Price Today The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.02% 0.08% 0.23% -0.24% 0.06% -0.41% -0.05% EUR -0.02% 0.06% 0.20% -0.26% 0.04% -0.42% -0.07% GBP -0.08% -0.06% 0.13% -0.32% -0.03% -0.48% -0.15% JPY -0.23% -0.20% -0.13% -0.46% -0.15% -0.63% -0.29% CAD 0.24% 0.26% 0.32% 0.46% 0.30% -0.18% 0.17% AUD -0.06% -0.04% 0.03% 0.15% -0.30% -0.47% -0.16% NZD 0.41% 0.42% 0.48% 0.63% 0.1

The post Why Australian Dollar turns upside down in European session on Wednesday? appeared on BitcoinEthereumNews.com. The Australian Dollar (AUD) gives back its early gains and turns lower to near 0.6915 against the US Dollar (USD) during the European trading session on Wednesday. The Aussie pair faces selling pressure as remarks from United States (US) President Donald Trump that the Memorandum of Understanding (MoU) with Iran, which aimed for a ceasefire between them, seems over, have prompted demand for safe-haven assets. “I think MoU with Iran is over,” US President Trump said. “I don’t want to deal with Iran. They are sick people,” he added. S&P 500 futures tumble over 0.7% to near 7,445, reflecting a weak risk appetite of investors. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, turns almost flat around 101.15 after recovering early losses. Earlier in the day, the Australian Dollar outperformed as RBA Assistant Governor Sarah Hunter