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Swiss Franc Strong as Conflict Between USA & Iran Heats Up

The Swiss franc was generally strong today as tensions between the United States and Iran continued to escalate.

Yen Rallies After Attack on Two Oil Tankers in Gulf of Oman

The Japanese yen rallied today after two oil tankers were supposedly attacked in the Gulf of Oman, leading to a surge of risk aversion on markets. Currently, the currency has trimmed its gains.

Canadian Dollar Rises with Crude Oil, Gains Capped by BoC Worries

The Canadian dollar gained against other most-traded currencies today thanks to a big rally of crude oil. But gains were limited as market participants were waiting for the monetary policy decision of Canada’s central bank later this week.

Euro Heads Higher, Even as Global Stocks Tumble

Euro is heading higher today, even though global stocks are falling and there is some risk aversion entering the markets. Gold prices are on the rise, though, and that seems to be providing a bit of a boost to the 19-nation currency.

Loonie Drops, Even with Higher Oil Prices

Canadian dollar is heading lower today, despite the fact that oil prices are finally on the rise again. With so much risk aversion, the loonie is down in large part due to a desire to shore up with safe haven currencies as the markets struggle.

Canadian Dollar Follows Crude Oil Prices

The Canadian dollar sank during Tuesday’s trading but bounced to trade basically flat against its major peers. The moves of the currency followed the moves of crude oil prices after the Iranian nuclear deal was announced.

Canadian Dollar Gains on Greenback & Yen, Unable to Beat Euro

As most other currencies, the Canadian dollar gained on the US dollar today. The loonie also rallied versus the Japanese yen but was unable to beat the extremely powerful euro.

Canadian Dollar Struggles on Oil Fluctuations

Canadian dollar is lower today, struggling as oil fluctuations cause difficulty. Oil is slightly higher right now, but earlier there were losses and a certain amount of see-sawing after the nuclear deal was reached with Iran. For now, the loonie is just mostly lower against its major counterparts.

CAD Lower vs. USD on Oil Prices, Stronger vs. EUR & JPY

The Canadian dollar fell against its US counterpart today as crude oil prices dropped. At the same time, the currency strengthened versus the euro and the Japanese yen.

Yen Weaker on Iranian Deal

The Japanese yen fell today as deal was reached about the Iranian nuclear program, allowing the Middle Eastern country to enrich uranium for peaceful purposes.

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