Posts published in March 2015

No Inflation in Great Britain, Pound Slides

The Great Britain pound dropped after an official report showed that consumer prices in the United Kingdom were unchanged from the previous year. The data weighed on the currency, sending it into the second…

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Higher Oil Helps Canadian Dollar

Canadian dollar is getting some help today from higher oil prices. Dollar weakness has set in, and oil prices are moving higher, providing the loonie with a bit…

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US Dollar Falls as Rate Hike is Pushed Back

One of the things supporting the US dollar in recent months has been the expectation that a rate hike from the Federal Reserve is just around the corner. With the rate hike likely being…

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