The U.S. dollar failed to pare yesterday’s losses as risk appetite continued to favor
The greenback had its second day of losses this week even if pending home sales in the U.S. increased, as demand for riskier assets rose globally allowing specially commodity linked currencies like the Canadian dollar and the Norwegian krone to outperform the U.S. dollar in
Divergent events are causing the dollar to have high volatility in the past few months, as weeks of risk aversion followed by periods of risk appetite confused investors and provided good opportunities for
EUR/USD continued to gain and reached 1.3967 as of 18:41 GMT from a previous rate of 1.3917 yesterday. USD/CAD fell to 1.0580 from 1.0633.
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