Posts published in October 2015

US Dollar Sinks After Non-Farm Payrolls

The US dollar slumped after the release of US non-farm payrolls as the employment report turned out to be really terrible, clouding the outlook for timing of monetary tightening from the Federal Reserve. It is…

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Pound Gains as Construction Accelerates

The Great Britain pound gained today after a report showed that UK construction accelerated last month, adding to positive data released earlier this week. The Markit/CIPS UK Construction Purchasing…

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Canadian Dollar Rallies for Second Day

The Canadian dollar gained for the second consecutive session on Thursday as the weakness of US dollar, the rally of crude oil and positive economic data supported the currency. The softness of the greenback was helping other currencies, and the loonie…

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