The Canadian dollar extended its rally today as the forecasters promised that the tomorrow’s reports about the employment in Canada and the United States will show positive developments of the labor markets.

The euro advanced today, extending the yesterday’s rally, after Spain and France auctioned debt and the result of the auction was considered a success.

The Indian rupee rose today despite the speculation that the slowing economic growth will cause India’s central bank to pause its interest rate hikes.

The Australian dollar surged yesterday as most other currencies, but today it relinquished its gains as the domestic fundamentals hurt the prospects of the currency.