Canadian dollar continues to rally today, heading higher against its major counterparts. Even with slightly lower oil prices, the loonie is heading higher, continuing its rally from last week.
April 27th, 2015 at 10:35
April 25th, 2015 at 14:21
The US dollar ended the week mixed but will likely end April as the weakest currency on the Forex market. The reason for the lackluster performance is the fact that many market participants no longer anticipate an early interest rate hike from the Federal Reserve.
April 25th, 2015 at 1:51
The euro ended the Friday’s trading session higher against the US dollar but lower against some other most-traded currencies, including the Great Britain pound and the Japanese yen.
April 24th, 2015 at 19:06
The Chinese yuan rose against the US dollar today. The reason for the gain was not like usual factors that drive the currency market but rather a direct influence of the nation’s central bank. The yuan fell versus the euro.
April 24th, 2015 at 12:45
The Great Britain pound rallied against its major peers today, extending the upward move that has started at the beginning of the last week. The currency rose even though yesterday’s economic data from the United Kingdom was rather negative.
April 24th, 2015 at 11:31
Greenback looks to be ready to close out this week lower, thanks to a raft of data and a bit of profit taking. Also weighing on the dollar is a sense of waiting. The Fed meets next week, and many Forex traders are waiting for the outcome of that meeting.
April 24th, 2015 at 11:10
The Mexican peso fell today against the US dollar but some investors remain very bullish on the currency, hoping that the growth of the US economy will benefit the peso.
April 23rd, 2015 at 22:39
The Australian dollar fell during the Thursday’s trading session as economic data from both Australia and its biggest trading partner, China, pushed the currency lower. The Aussie managed to erase losses versus the US dollar and the Japanese yen but retained soft performance against the euro.
April 23rd, 2015 at 15:03
The Swiss franc rallied today following yesterday’s big drop. The currency declined on Wednesday after the Swiss National Bank narrowed the range of deposits that are exempt from negative interest rates.
April 23rd, 2015 at 13:53
The New Zealand dollar sank today against other major peers due to speculations that the Reserve Bank of New Zealand is not going to raise interest rates and may even perform a rate cut.