National Bank of Canada — News Archive

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Euro Stable Despite Poor Eurozone Data, ECB Policy Outlook

The euro fell a bit versus some rivals but was about flat versus most of them on Tuesday. That was a surprisingly good performance considering that eurozone macroeconomic data released during Tuesday’s session was universally bad. The monetary policy outlook was also negative for the currency.

Canadian Dollar Declines Against US Dollar on Positive US Data

The Canadian dollar today declined against the US dollar following the release of upbeat US data and a rebound in the US dollar. The release of the Canadian housing price index in the early North American session also contributed to the loonie’s overall weakness.

Forecast: US Dollar in 2015

The US dollar demonstrated exceptional performance in 2014. Can the greenback maintain its amazing rally in 2015 or correction is in order?

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