The Canadian dollar advanced for the first time this week this Tuesday, as markets with strong correlation with the loonie provided support for the currency to gain specially versus its U.S. counterpart, but as well as important currencies globally. After the loonie traded near parity with …
The European single currency declined sharply in a day of strong volatility this Thursday as neither Greek officials nor ECB officials have found a solution to solve Greece’s budget deficit’s issues, in a drama that have been lasting more than traders in the region could expect. …
The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negative surprises for financial markets’ investors. The Dow …
The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again paring the advances earned during the middle of the week. The economic situation in England is …
The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie’s advance. The Canadian dollar ended today …
The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country budget crisis and how it should be solved, shunning investors from …
The Canadian dollar gained for another session, in a rally that seems to be endless, as the Federal Reserve ratified its dovish position on its interest rates, allowing the strong flow of capital from the U.S. towards north to continue for another day. The crude oil, one of Canada’s notably …
The euro lost versus against most of the main traded currencies this Wednesday as Greek budget deficit was once again hitting the headlines of European news, decreasing appetite for the bloc’s single currency, as currencies tied to growth topped the performance rank in forex markets today. A combination …
After a rather gloomy start of the year for the loonie as investors returned to the U.S. as its economy picked up in the two moths of 2010, the Canadian dollar is once again making its way towards parity with its U.S. counterpart, as commodities and stocks continue to push its …
The dollar has started this week losing versus important currencies after the Federal Reserve made dovish statements regarding the country’s interest rates outlook, shunning investors to purchase assets in North America, making riskier assets to climb considerably. After the Federal Reserve stated …