Better news in the United States and in Canada is helping the loonie today. Between unexpectedly low jobless claims in the United States, and higher housing prices in Canada, plus events around the world resulting…
The New Zealand dollar rose today after yesterday’s drop, but gains were limited after the central bank said that an interest rate hike is not likely to happen this…
The Australian dollar climbed today after the employment data came out much better than was predicted by analysts, reducing bets on an interest rate cut by the central bank. Australian employers added…
The US dollar climbed against the euro today as the US economy continued to perform much better than the European one. The currency fell a little against the Great Britain pound and was flat versus…
Euro is showing weakness today, thanks in large part to disappointing economic data. Also impacting the outlook for the euro are continued difficulties in Italy and other periphery countries. It’s hard to get…
UK pound is a little higher today, gaining ground after yesterday’s drop following unexpectedly poor data. Even though sterling is seeing gains right now, the currency remains…
The Japanese yen advanced today on signs that nation’s politicians are divided about leadership of the central bank, raising speculations that additional stimulus may be postponed. Some opposition parties…
The New Zealand dollar declined against other most-traded currencies today on concerns that drought that the country is experiencing will worsen hurting the New Zealand economy. Adverse weather in New…
The Mexican peso gained today after Standard&Poor’s confirmed the country’s credit rating and changed the outlook to positive on hopes for fiscal reforms that should improve the nation’s economy. The S&P confirmed Mexico’s long-term…
The Canadian dollar was flat against its US peer today, erasing the intraday loss. The currency gained versus the euro and fell against the Japanese yen. The loonie (as the Canadian currency is nicknamed…