Dollar — News Archive


Dollar Extends Monday’s Gains into Tuesday

The US dollar rallied on Monday and extended its gain against the most-traded rivals on Tuesday as relatively positive macroeconomic data released from the United States increased chances for an interest rate hike from the Federal Reserve and boosted the appeal of the currency.

Australian Dollar Higher After Economic Data, Waits for RBA

The Australian dollar rose today, gaining on its major peers for the third straight day, after release of macroeconomic data from Australia. Now, traders wait for a monetary policy decision from the Reserve Bank of Australia.

Canadian Dollar Ends Week Higher Against Most Rivals

The Canadian dollar gained against its most-traded rivals over the week with the help of crude oil rally caused by the surprise announcement from the Organization of Petroleum Exporting Countries.

Canadian Dollar Ends Trading Higher on Strong GDP

The Canadian dollar rose against some of its most-trading peers on Friday but gains against the US dollar were limited while against the euro the loonie ended the session flat. The main reason for the currency’s rally was the strong GDP report.

Canadian Dollar Goes Lower After Two Days of Gains

The Canadian dollar fell on Thursday after two days of gains and maintained its weakness during the Asian trading hours on Friday.

Canadian Dollar Maintains Rally Caused by OPEC Decision

The Canadian dollar was rising during the Asian trading session on Thursday, managing to maintain the rally it started on Wednesday. The rise of the currency was caused by the news about a surprise decision by the Organization of Petroleum Exporting Countries to limit its crude oil production.

Dollar Flat vs. Rivals, Down vs. Commodity Currencies

The US dollar was mostly flat against its most-traded rivals with the exception of commodity currencies which got a boost from the surprise news from the Organization of Petroleum Exporting Countries. The New Zealand dollar failed to join the rally of other commodity-related currencies, maintaining its weakness.

NZ Dollar Dips amid Quiet Trading

The New Zealand dollar dipped today against its major trading peers even though there were no apparent reasons for such poor performance of the currency.

Canadian Dollar Struggles to Keep Gains

The Canadian dollar was attempting to move lower on Wednesday after showing a decent performance on Tuesday despite the drop of crude oil prices.

US Dollar Mixed amid Barrage of News

The US dollar rose against the euro and the Swiss franc on Tuesday but was flat versus the Japanese yen and fell against other most-traded currencies. There were plenty of different factors contributing to the performance of the US currency.