Dollar — News Archive


US Dollar Gets Boost From Economic Expectations

US dollar is mostly higher today, getting a boost from economic expectations for the new year. Greenback is gaining against its European counterparts, even though it’s lost ground against the yen since trading at a five-year high earlier.

Loonie Gets Boost on Final Day of 2013

Loonie is finally getting a boost today, ending a rather lackluster year on a high note. Canadian dollar has seen its strength leak away over the course of 2013, and many believe that parity with the US dollar is gone for quite some time.

Dollar Index Down Today, But Expected to Gain on the Year

Greenback is heading lower today against most of its major counterparts. The dollar index might be up on the year, but today it’s pulling back on disappointing data and better news in other regions.

Interest Rate Outlook Makes Loonie Close Weaker

The Canadian dollar ended Friday with losses as Canada’s central bank was not showing willingness to raise interest rates, while the US Federal Reserve has already cut its stimulus program.

Dollar Weaker After Unemployment Claims Data

The US dollar was relatively soft against the euro and the Great Britain pound today after the report about unemployment claims. The currency was flat against the Japanese yen after opening sharply higher and also traded sideways versus the Swiss franc.

Euro on Track to be a Top Performer for 2013

Euro continues on track to be the top performer of 2013 with today’s performance. Much of that has to do with the fact the issues that have been plaguing the 17-nation currency region — from recession to political problems — are mostly resolved. Or at least have been moved to the back burner. For now, the euro continues to see mostly gains against its major counterparts.

Dollar Ends Trading with Gains, Economic Data Helps

The US dollar ended today’s short trading session with gains against most major currencies, though falling versus the Great Britain pound, as the positive outlook for the US economy led to speculations about additional quantitative easing tapering from the Federal Reserve. Indeed, macroeconomic data supported such view.

Canadian Dollar Falls After Three Days of Gains

The Canadian dollar fell for the first day in four against its US counterpart and was flat versus the euro and the Japanese yen on the outlook for monetary policies of Canada’s and the US central banks.

Euro Struggles Against Other Currencies on Economic Data

Euro is struggling against other currencies right now, mostly lower as other currencies gain the upper hand, thanks to better economic data. Better data reports in the United States and United Kingdom are helping the dollar and the pound.

USD Rebounds, Rises for Second Day vs. JPY

The US dollar was falling yesterday, but bounced today on speculations that the Federal Reserve will continue cutting monetary stimulus. The greenback rallied against the Japanese yen for the second session on prospects that the Bank of Japan will keep its monetary policy accommodative.