The Canadian dollar was strong today, rising against its US counterpart and erasing losses versus the euro. The rally of crude oil undoubtedly contributed to the currency’s strength.
October 08th, 2015 at 21:18
October 08th, 2015 at 19:40
The US dollar has been rather soft during today’s trading but the release of Federal Reserve’s policy minutes changed that. While the currency slipped immediately after the release, it quickly bounced and started to move up, though it looks like the currency’s upward momentum has run its course.
October 08th, 2015 at 15:50
Canadian dollar is mostly in a holding pattern right now, keeping steady against most of its major counterparts. Even with oil prices getting a little bump today, the loonie is still mostly steady.
October 08th, 2015 at 14:01
Euro is higher today, after recovering from yesterday’s disappointing German data. Euro is higher across the board, gaining ground as other major currencies demonstrate weakness.
October 08th, 2015 at 13:19
The Great Britain pound fell following the Bank of England’s monetary policy meeting. The policy minutes were not particularly hawkish, leading to speculations that British policy makers could be forced to leave interest rates at the record low for a prolonged period.
October 08th, 2015 at 11:32
The Japanese yen was mixed during Thursday’s trading session following the release of economic data from Japan. The currency was up against the US dollar but down versus the Japanese yen.
October 07th, 2015 at 14:30
Even though the greenback is trading mixed against its major counterparts, the dollar index is still higher today, thanks in part to the fact that the euro (which is weighted most heavily in the basket) is lower against the US dollar.
October 07th, 2015 at 11:41
The New Zealand dollar extended its rally today, reaching the highest level since August 24 (the day when the currency has demonstrated a huge slump) against the US dollar and the Japanese yen.
October 07th, 2015 at 11:13
The Japanese yen gained today following the monetary policy of Japan’s central bank. The bank refrained from making its policy more accommodative as some analysts had expected, thus supporting the currency.
October 06th, 2015 at 21:01
The euro rallied against other major currencies on the back of the weak US dollar today even though the situation in the eurozone itself did not promote a rally of the shared 19-nation currency.