Dollar — News Archive


US Dollar Recovers After Sell-Off Caused by Fed Announcement

Today, the US dollar was recovering after yesterday’s sell-off caused by the policy announcement from the Federal Reserve. Initially, the greenback extended its decline during the current trading session but managed to reverse movement and is now trading above the opening level against almost all most-traded currencies, with the exception of the Japanese yen.

AUD Doesn’t Join Rally vs. USD, Dragged Down by Employment Data

The Australian dollar was the only major currency that did not rise against the US dollar today. The reason for that was underwhelming employment data in Australia.

NZ Dollar Mixed, Pays Little Heed to RBNZ Policy Announcement

The New Zealand dollar was mixed today, rising against some currencies and falling versus others. The kiwi paid little attention to the policy announcement from the Reserve Bank of New Zealand, trading sideways following the decision.

Positive Economic Data Fails to Support New Zealand Dollar

The New Zealand dollar fell against other major currencies and, similarly to its Australian counterpart, ignored domestic macroeconomic data, which was extremely good.

Australian Dollar Falls Even as Leading Index Improves

The Australian dollar erased its intraday gains versus the US dollar and fell against other most-traded currencies today even as Australia’s leading indicators were improving.

Canadian Dollar Supported by Strong Rally of Crude Oil

The Canadian dollar was little changed against its US counterpart and gained on other most-traded rivals thanks to the strong rally of crude oil — Canada’s most important export commodity.

US Dollar Rallies as Markets Prepare for Fed Hike

The US dollar gained against other most-traded currencies today as market participants were preparing for tomorrow’s policy announcement from the Federal Reserve.

Aussie Drops Intraday, Reverses Decline Sharply

The Australian dollar dropped intraday during the current trading session but has started a rebound at 10:45 GMT and managed to erase its losses against most of its rivals by now, with the notable exception of the US dollar.

Canadian Dollar Logs Weekly Losses as Trade War Fears Grow

The Canadian dollar slumped this week due to risk aversion caused by concerns about potential trade wars between the United States and other countries, China in particular.

USD/CAD Rallies Higher on Mixed US Releases

The USD/CAD currency pair today rallied slightly higher as the Canadian dollar weakened against its US counterpart following mixed US macro releases. The loonie was largely weaker against the greenback despite slightly positive crude oil prices, which usually boost the currency.