United States — News Archive

Canadian Dollar Gains Ground Against Major Currencies

Canadian dollar continues to rally today, heading higher against its major counterparts. Even with slightly lower oil prices, the loonie is heading higher, continuing its rally from last week.

Dollar Index Slips as Forex Traders Reset

US dollar index is slipping today as forex traders reset their positions, and as the euro gains ground on the prospect that Greece might actually make it through 2015.

Dollar – Biggest Loser on FX Market During Trading Week

The US dollar was the weakest currency on the Forex market during the past trading week as the constant stream of poor economic data muted speculations about an early interest rate hike from the Federal Reserve.

Dollar Under Pressure from Weak Economic Data

The US dollar was under pressure from poor macroeconomic indicators lately, and the Thursday’s session was not an exception. While not all of the reports were bad, most of them were not as good as market participants had expected, driving the greenback further down.

Dollar Index Pulls Back After Encountering Resistance

The US dollar index is pulling back today, following its latest attempt at the 100 level. The dollar index is running into resistance, and falling a little bit today.

Dollar Regains Strength During Trading Week

Lately, the US was experiencing problems with keeping its upward momentum, but the greenback regained its strength during this week during which it was one of strongest currencies on the Forex market. The major reason for the strength was the minutes of the latest Federal Reserve’s policy minutes.

Dollar Index Continues Climb Toward 100

The US Dollar index is climbing again, heading toward the 100 level again. With the Federal Reserve expected to hike interest rates later this year, and with the greenback remaining the dominant currency in the world, there’s little to slow it down.

Dollar Bounces After Fed Minutes

The US dollar was falling falling during the current trading session before the Federal Reserve released the minutes of its latest policy meeting. The currency bounced after the release, gaining on the euro. The greenback also trimmed its losses against other currencies.

Dollar Doesn’t Give Up

Lately, there were plenty of speculations if the recent drop of the US dollar means that the greenback has ended its upward thrust and is ready to retreat. As it turned out, the US currency is not yet ready to give up and rallied against its most-traded counterparts on Tuesday.

Canadian Dollar Continues to Log Gains

Canadian dollar ended higher yesterday, and appears ready to continue logging gains against its major counterparts today. Loonie is mostly higher right now, although commodity market struggles could change the outcome later.

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