The US dollar showed no signs that it is going to stop its rally, demonstrating solid gains for the third consecutive week. Speculations about tighter monetary policy continue to help…
The Canadian dollar gained today as the employment report came out better than was expected. The currency remained soft against the US dollar as employment data from the United States was good…
The US dollar jumped today as growth of nonfarm payrolls exceed forecasts, suggesting that the Federal Reserve can reduce stimulus without damaging the economy too much. US non-farm payrolls grew…
The Canadian dollar fell against its US counterpart and rose versus the Japanese yen ahead of today’s employment reports from Canada and the United States. Economists predicted that today’s report will…
The US dollar managed to post huge gains against the euro and the Great Britain pound today even during a holiday in the United States. The currency also outperformed the Japanese yen, which rallied against…
The euro crashed after European Central Bank President Mario Draghi suggested that interest rates will remain low for a long period of time. The currency advanced versus the Great Britain pound,…
The Great Britain pound slumped today as the central bank maintained interest rates at the record low level and kept the size of asset-purchases the same. The Bank of England kept the key interest rate at 0.5 percent…
The Canadian dollar climbed as crude oil, the major Canada’s export, advanced above the psychologically important $100 level, improving prospects for the Canadian economy and increasing the appeal of the nation’s assets. The currency weakened against…
The US dollar dropped today ahead of Friday’s important report. Many analysts think that it was nothing but short-covering and the currency can yet rally on fundamentals that remained positive.…
The Indian rupee fell today, heading to a record low, as capital outflows from the country led to concerns that the huge current-account deficit may widen even more. Overseas funds sold a net…