United States — News Archive

Dollar Halts Rally Despite Supportive Fundamentals

The US dollar has received support from domestic macroeconomic reports that led to a rally yesterday. Today, the currency halted its advance even though fundamentals continued to be supportive for the greenback.

Loonie Loses Ground After Ending Last Week Strong

Canadian dollar ended last week on a strong note, but the currency is mostly lower today as a new week gets under way. Forecasts expect to see the loonie weaken through the rest of 2015.

US Dollar Lower on Profit Taking; Dollar Index Still Higher

US dollar is falling in some of its currency pairs today as profit taking after the surge at the end of the week sets in. Dollar index is still managing to remain higher, however.

Stellar Non-Farm Payrolls Lead to Rally of US Dollar

The US dollar rallied against the basket of major currencies today after the stellar non-farm payrolls that have exceeded even optimistic forecasts. The currency gained more than 1 percent and climbed to the highest level in almost 13 years against the Japanese yen.

Dollar Firms Ahead of Non-Farm Payrolls

The US dollar firmed a bit today as positive unemployment data returned optimism to dollar bulls ahead of tomorrow non-farm payrolls. Earlier, the currency had been subdued due to concerns about the US economy and hopes for positive resolution of the Greek crisis.

Loonie Drops Back After Yesterday’s Gains

Fueled by US dollar weakness and better oil prices, the loonie headed higher yesterday. Today, though, the Canadian dollar is down again, heading lower against the greenback and its other major counterparts.

US Dollar Regains Some Lost Ground

US dollar is regaining some of the ground it lost yesterday, but is still somewhat weak. Greenback is higher against its major counterparts, but still hasn’t reached the performance level seen before yesterday’s mauling.

US Dollar Struggles, Supporting Commodities

US dollar is struggling today, and that is helping commodities as the greenback drops against its major counterparts. Dollar is also lower as Forex traders position themselves for a Greek bailout deal and look to the future.

Canadian Dollar Demonstrates Weakness During Trading Week

The Canadian dollar experienced weakness during the past week. While the currency managed to rally against the Japanese yen, the loonie demonstrated losses versus the US dollar and the euro.

Dollar Drops vs. Euro, Gains for Sixth Day vs. Pound & Yen

The US dollar fell against the euro today after macroeconomic reports that were largely negative. Still, the currency managed to gain on the Great Britain pound and the Japanese yen, demonstrating the sixth consecutive session of gains.

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