Posts published in July 2018

US Dollar Posts Losses After Underwhelming Data

The US dollar was somewhat soft today, logging losses against most other major currencies. Market analysts blamed underwhelming domestic data and the threat of trade wars for the decline. The current trading…

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Rising Crude Oil Prices Benefit Canadian Dollar

The Canadian dollar rallied today. The rally was likely a result of the rising prices for crude oil — Canada’s major export commodity, which often has a big impact on the performance of the loonie. With almost…

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