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 14:16
Euro is clinging to some earlier gains — but only just. With the ECB due to make a policy announcement and the European Commission making forecasts that expect to see slower growth, many expect the 19-nation currency to slip more against the US dollar.
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 03rd, 2015 at 15:21
US dollar is getting a little bit of help today, thanks to some optimism about what might be next for the economy.
October 29th, 2015 at 16:31
The US dollar dropped against other major currencies today following yesterday’s economic data. Today’s US economic data, including the GDP report, played its part in the currency’s decline.
October 29th, 2015 at 6:49
The New Zealand dollar fell today following the monetary policy announcement from the Reserve Bank of New Zealand made by the end of the Wednesday’s trading session. Of course, the policy announcement from the US Federal Reserve has also played its part in the currency’s decline.
October 29th, 2015 at 5:05
The US dollar surged against other most-traded currencies on Wednesday after the Federal Reserve mentioned that a December rate hike remains in the cards. Unsurprisingly, the announcement made a tremendous impact on the market.
October 27th, 2015 at 14:19
US dollar index is moving higher, but it remains rangebound today ahead of tomorrow’s Federal Reserve announcement. After dipping lower in earlier trading, the dollar index is gaining ground, and the US dollar has regained the upper hand against the euro.
October 27th, 2015 at 13:39
Euro is mostly steady today in Forex trading, as many currencies await tomorrow’s policy announcement from the Federal Reserve. Without major data releases for the eurozone today, it’s more about waiting and seeing what’s next with US policy.
October 23rd, 2015 at 14:12
US dollar index is extending its recent rally, and between yesterday and today has erased its earlier losses in October. Thanks to expectations for a Federal Reserve rate hike sometime in late 2015 or early 2016, plus policy divergence expectations, the greenback is surging against its major counterparts.