Greenback is consolidating ahead of today’s US nonfarm payrolls data for October. Dollar index is a little bit lower right now, and the euro has made a few gains following its steep losses yesterday.
November 06th, 2014 at 11:49
US dollar is settling down a little bit after yesterday’s surge. Right now, it’s a bit about profit taking as Forex traders gear up for the next round of economic data, and contemplate the future of the eurozone.
November 05th, 2014 at 11:58
Loonie is once again heading lower against the greenback, thanks in large part to oil prices. Even though the Canadian dollar is struggling against its US counterpart, though, it is gaining ground against European currencies. Concerns about what’s next in Europe, especially with sluggish Chinese data and policy statements coming tomorrow, are weighing on currencies across the pond.
November 05th, 2014 at 11:36
US dollar is surging right now, heading higher against its major counterparts, following the US midterm elections. Comparisons between the United States and its European counterparts are mostly about differences in economic directions, and many feel that the latest election results will mean fewer legislative restrictions for business, and that will boost the US economy.
November 04th, 2014 at 11:35
US dollar is a little big lower today, falling back after rallying earlier. Right now, the greenback is consolidating, and Forex traders are taking profits. However, there is a good chance that the US dollar will remain relatively strong overall.
November 01st, 2014 at 17:33
The US dollar demonstrated a massive rally this week thanks to the monetary policy decision from the Federal Reserve and the Bank of Japan. Positive macroeconomic reports also played their part in the performance of the greenback.
October 30th, 2014 at 23:14
The US dollar extended yesterday’s rally today as positive economic data from the United States fueled talks about a possibility of an early interest rate hike from the Federal Reserve.
October 30th, 2014 at 10:28
Canadian dollar is trading mixed today, thanks to the latest comments from central bankers. Information from the Federal Reserve, as well as testimony from the Bank of Canada’s Stephen Poloz, are contributing to the loonie’s losses to the US dollar.
October 29th, 2014 at 21:00
The US dollar jumped against other most-traded currencies today after the Federal Open Market Committee ended the third round of quantitative easing and issued rather hawkish statement after the decision.
October 29th, 2014 at 10:27
Euro is gaining ground against the UK pound, but losing ground against the US dollar and the Japanese yen. The 18-nation currency continues to struggle as risk appetite fades from the Forex market, and as expected policy divergence between the United States and the eurozone widens.