Canadian dollar is regaining some of the ground it lost yesterday. Thanks to slightly higher oil prices and some profit taking, the loonie is higher against its major counterparts.
November 09th, 2015 at 15:20
Greenback is consolidating some of its gains, looking to prepare for what many expect to be a strong bull run. While the dollar might be a little lower against some of its major counterparts, like the euro, the greenback is expected to break out at some point in the future.
November 09th, 2015 at 12:54
The New Zealand dollar recovered against its US counterpart today following the big drop on Friday. The currency also rose against its other major rivals.
November 09th, 2015 at 12:34
The Australian dollar opened sharply lower today following the release of poor trade data from China over the weekend. The Aussie moved higher after the start of trading as economic data from Australia itself was rather positive.
November 07th, 2015 at 10:33
The US dollar soared during this week, climbing more than 2 percent against its major counterparts, thanks to the impressive non-farm payrolls. The positive employment data fueled expectations of a December interest rate hike from the Federal Reserve.
November 06th, 2015 at 17:24
The Canadian dollar fell more than 1 percent against the US dollar after the release of US employment data. The loonie performed better against its other most-traded peers as the employment report from Canada itself was also good.
November 06th, 2015 at 15:01
The US dollar surged 1.5 percent versus the euro and soared against other major currencies as well today after the release of very strong non-farm payrolls. Now, the market is pricing in a December rate hike that looks very probable.
November 05th, 2015 at 15:14
Canadian dollar has been struggling recently in Forex trading, and the latest forecast from Scotiabank isn’t helping matters. With predictions for a weak loonie through 2017, the currency is once again heading lower.
November 05th, 2015 at 2:57
The US dollar jumped on Wednesday and retained it gains today after Federal Reserve Chairwoman Janet Yellen confirmed the possibility of an interest rate hike in December. US economic data was also supportive for the greenback.
November 04th, 2015 at 6:29
The Australian dollar rallied today as economic data from both Australia and overseas was supportive for the currency. Nevertheless, the Aussie is struggling to keep gains right now.