Canadian dollar is trading mixed today, looking for solid direction as the dust from this week settles. The Bank of Canada kept things steady, but elsewhere, there is plenty of turmoil.
September 05th, 2014 at 10:28
Euro is eking out some small gains today, following yesterday’s huge drop against all major counterparts. Forex traders aren’t expecting much, though. The big shocker from the ECB is likely to result in general euro weakness for a while.
September 04th, 2014 at 23:48
The US dollar demonstrated huge gains today, mostly with help from the European Central Bank policy decision, but also due to the string of positive domestic economic indicators that supported the outlook for monetary tightening from the Federal Reserve.
September 04th, 2014 at 10:48
US dollar is mostly higher today, thanks in large part to policy expectations. Many expect the Federal Reserve to start tightening soon, and that is leading to gains for the greenback.
September 03rd, 2014 at 10:42
Japanese yen is mostly lower today, following the release of the latest services PMI data. Additionally, expected changes to the government’s investment fund are expected in the coming weeks, and that is also having an impact.
September 03rd, 2014 at 10:25
US dollar index is lower, and greenback is down against its counterparts, following earlier gains. After surging a bit earlier in the session, the US dollar is now losing ground, likely due in part to profit taking.
September 02nd, 2014 at 3:27
The US dollar rose against almost all of its major counterparts today, touching the highest level since January versus the Japanese yen and reaching the strongest rate in a year against euro, as the monetary policy outlook continues to support the currency.
August 28th, 2014 at 23:20
The US dollar rose against some of its major peers, including the euro, with help of positive domestic data. It looks like news from Ukraine limited gains somewhat and actually send the greenback down versus the Japanese yen and even the Great Britain pound.
August 28th, 2014 at 0:45
The US dollar declined yesterday and maintained its losses today as investors trimmed bets on monetary easing from the European Central Bank. It is also likely that profit-taking contributed to the greenback’s drop.
August 25th, 2014 at 21:47
The US dollar declined today against its most-traded peers, yet it is important to understand that the currency opened sharply higher, meaning that it still trades above the last week’s closing rate against most majors.