Posts published in October 2016

Dollar Extends Monday’s Gains into Tuesday

The US dollar rallied on Monday and extended its gain against the most-traded rivals on Tuesday as relatively positive macroeconomic data released from the United States increased chances for an interest rate hike from…

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Date for Brexit Set, Britain’s Pound Soft

The Great Britain pound was soft today after UK Prime Minister Theresa May announced date for the start of the Brexit. The news hit Britain’s currency, and even positive macroeconomic data released…

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Canadian Dollar Ends Week Higher Against Most Rivals

The Canadian dollar gained against its most-traded rivals over the week with the help of crude oil rally caused by the surprise announcement from the Organization of Petroleum Exporting Countries. The OPEC made an announcement…

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