Canadian Dollar Resumes Decline with Crude Oil

The Canadian dollar dropped today, reaching the lowest level since March 2009 against the US dollar, as crude oil prices resumed decline, joining other commodities in free fall.

US Dollar Regains Footing After Existing Home Sales Report

The US dollar was struggling during today’s trading session but found support in the form of housing data that was better than analysts’ expectations. As a result, the greenback managed to gain on the euro and the Japanese yen. The US currency also was able to trim its losses versus the Great Britain pound.

Great Britain Pound Firm After BoE Minutes

The Great Britain pound demonstrated solid performance today even though the minutes of the nation’s central bank policy meeting showed that UK policy makers are rather cautious in their outlook regarding the monetary policy.

Australian Dollar Little Changed After CPI Meets Expectations

The Australian was little changed today, trading slightly below the opening level but far above the session lows. In fact, the currency barely moved during the past couple of weeks.

CAD Rallies vs. USD as Crude Oil Halts Decline

The Canadian dollar gained on its US peer today as crude oil prices steadied, helping the loonie to halt its decline. The Canadian currency did not fare as well against other major rivals, being flat against the Japanese yen and sinking versus the euro.

Dollar Pulls Back on Tuesday

The US dollar pulled back today as the market sentiment improved, reducing the need for safety provided by the currency, and traders started to take profit from their long positions.

Positive Market Sentiment Allows Aussie to Ignore RBA Minutes

The Australian dollar rallied today, ignoring the negative impact of the monetary policy meeting minutes released by the Reserve Bank of Australia. The positive market sentiment supported the currency.

Czech Koruna Slips as Central Banks Warns About Intervention

The Czech koruna fell against the euro today as the nation’s central bank warned about a possible intervention to curb excessive gains. The currency gained on the US dollar.

Pound’s Rally Losing Steam

The Great Britain pound is struggling against other major currencies today. While the outlook for the Bank of England’s monetary policy remains very supportive for the currency, it looks like the last week’s rally is losing steam.

US Dollar Mixed in Quiet Trading, Remains Strongest in Three Months

The US dollar demonstrated mixed performance during Monday’s quiet trading but remained strong in general. The Dollar Index remained near the highest level in three months.

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