Canadian Dollar Shows Better Performance

Today, the Canadian dollar fared better than yesterday, rising against the euro and paring initial losses versus the US dollar and the Japanese yen. Economic data released from Canada over Friday was mixed, giving the currency no particular edge.

Canadian Dollar Demonstrates Weak Performance

The Canadian dollar was attempting to rise against its US peer today but has almost erased its gains by now. The currency fell against its other major rivals, including the euro and the Japanese yen.

Dollar Index Lower, but Expected to Regain Strength

The US dollar is mostly lower against other currencies today, bringing the dollar index down. However, even with the recent disappointing performance, many expect dollar strength to return.

Euro Higher as Currencies Consolidate

Euro is mostly higher today, gaining against its major counterparts as they consolidate recent gains and as Forex traders speculate about the future.

Sterling Gains on Dollar Despite Retail Sales, Drops vs. Other Majors

The Great Britain pound gained on the US dollar even though the retail sales report released from the United Kingdom today was disappointing. Against other major currencies, the sterling declined.

Yen Leaps as BoJ Remains Passive

The Japanese yen leaped against the US dollar and gained versus other most-traded currencies today (though it was unable to beat the euro) as the Bank of Japan refrained from expanding monetary stimulus. The central bank remained passive even after the nation’s economy has entered technical recession.

Dollar Drops After Fed Minutes, Rebounds

The US dollar was mixed today after the release of the Federal Reserve minutes. The currency sank after the event even though the notes were rather hawkish. Yet the greenback bounced back almost immediately after the initial decline.

Canadian Dollar Down as Traders Wait for Fed Minutes

The Canadian dollar fell today against its major peers as the drop of crude oil prices continues to weigh on the currency. Additionally, traders were unwilling to buy risky currencies tied to economic growth ahead of the release of Federal Reserve policy meeting minutes.

NZ Dollar Flat as Traders Wait for Fed Minutes

The New Zealand dollar was trading flat during the current trading session as traders wait for monetary policy minutes from the Federal Reserve.

Swiss Franc Drops vs. Euro, Driven by Data & Policy Outlook

The Swiss franc fell against the euro today as economic data and the monetary policy outlook were unfavorable to the currency. The Swissie was also falling against the US dollar at the start of the current trading session but managed to pare back losses by now.



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