Dollar — News Archive

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.

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.

Loonie Continues to Struggle Along With Oil

Canadian dollar is struggling again today, thanks in large part to continued concern over last week’s surprise rate cut and due to falling oil prices.

Another Week of Strength for US Dollar?

The US dollar has been rather strong lately, being the second best performer on the Forex market last week. Can the currency continue its amazing performance this week?

NZ Bounces After Prime Minister Comments on Currency’s Drop

The New Zealand dollar climbed today, bouncing from the multi-year lows it has reached last week, after the nation’s Prime Minister voiced concerns about the size of the currency’s drop.

Canadian Dollar Ends Week as Third Weakest Currency

The Canadian currency had a pretty rough week, falling against most of its major peers. And yet it was not the weakest currency during the past week as it was still able to gain on the euro and the New Zealand dollar.

Canada’s CPI Supportive for Loonie

The Canadian dollar fell a bit against the US dollar and the Japanese yen but rallied versus the euro during the Friday’s trading session. Macroeconomic data released from Canada today was largely positive for the currency.

Dollar Heads to Biggest Weekly Rally Since May vs. Euro

The US dollar gained on the euro today but was flat versus the Great Britain pound and the Japanese yen. Still, the currency was at the highest level in more than a month against the basket of other major currencies and was heading to the biggest weekly gains against the euro since May.

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