The Canadian dollar experienced weakness during the past week. While the currency managed to rally against the Japanese yen, the loonie demonstrated losses versus the US dollar and the euro. The currency started trading on a weak…
Posts published in May 2015
Loonie Recovers After Hit from Canadian GDP
The Canadian dollar sank today after data that showed an unexpected decline of Canada’s economy. The currency recovered somewhat by the end of the trading session, erasing losses against the US dollar and the Japanese yen,…
The US dollar fell against the euro today after macroeconomic reports that were largely negative. Still, the currency managed to gain on the Great Britain pound and the Japanese yen, demonstrating the sixth consecutive…
NZD Touches Lowest Since 2010 vs. USD
Economic data from New Zealand was rather poor today, leading to a drop of the nation’s currency. The New Zealand dollar touched the lowest level since September 2010 against its US…
Yen Supported by Data from Japan
The Japanese yen gained on the US dollar and the Great Britain pound today as macroeconomic data from the Asian country was mostly positive, increasing appeal of the currency to investors. Japan’s core Consumer Price…
Dollar Softens After Mixed Data
The US dollar softened today after the release of mixed economic data from the United States. The currency trimmed its gains against the Great Britain pound and the Japanese yen while against the euro…
Canadian Dollar Firms by End of Thursday’s Trading
The Canadian dollar had been falling against its US counterpart and the euro during the most part of the Thursday’s trading session. Yet as of now, the currency has managed to erase losses versus the greenback…
The Australian dollar tumbled to the lowest level in a month and a half against its US peer and sank versus the euro today as economic news from the South Pacific country was much worse than…
UK GDP Growth Gets No Revision, Pound Drops
The Great Britain pound dropped against the US dollar and almost erased its gains against the Japanese yen today even though economic data from the United Kingdom was good for the most…
US Dollar Retreats From Recent Highs
US dollar is retreating from recent highs today, especially against the euro. The dollar index is lower as a result. However, expectations for long-term dollar strength aren’t over yet. Greenback…