Posts published in October 2014

Dollar Explodes to Upside After NFP

The US dollar surged today after non-farm payrolls came out even better than optimistic expectations, while positive trade data added to the upside momentum. The greenback reached a new multi-year…

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Australian Dollar Unable to Maintain Rally

The Australian dollar fell against its US counterpart after the gauge of the nation’s service’s sector demonstrated yet another month of decline. The currency also erased its gains versus the Japanese yen…

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Euro Can’t Maintain Gains Against Greenback

While the euro is maintaining its recent gains against some of its counterparts, the 18-nation currency is losing ground to the US dollar. Thanks to continued policy divergence and weaker gold prices,…

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Lower Commodities Weigh on Loonie

Loonie continues to struggle against the US dollar, even as it makes gains against European currencies like the pound and the euro. Disappointing economic data and lower commodities aren’t helping the Canadian dollar.…

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