News

Canadian Dollar to Remain Range Bound Against Greenback in April

The Canadian Dollar paused on Friday as the greenback and Sterling recovered from previous losses, benefiting CIBC Capital Markets analysts…

3 years ago

Dollar Strengthens Against Rivals as Market Bets 50bps Rate Hike in May

In the the US session Friday, the greenback strengthened versus most of its key peers, as the US government rates…

3 years ago

Pound Signals Rally Against Dollar as Fed Rate Hike Fueled Rally Hits its Peak

According to some experts, the Dollar will find it difficult to prolong a multi-month uptrend as the market appears to…

3 years ago

Aussie Weakens on Rising Covid-19 Cases in China

While officials in China try to claim on a zero-covid strategy, Chinese share prices have fallen and the Australian dollar…

3 years ago

Strengthening of Pound against Euro is Fueled by Worries Over Intensified Ukraine-Russia War

While there were concerns that the conflict in Ukraine was about to escalate dramatically, experts cut their projections for the…

3 years ago

Euro Could Appreciate on Rate Disparities Between the Fed and the ECB

The euro declined against the greenback to 1.1315 Friday following the report of solid US existing home sales data for…

3 years ago

Euro Declines As Lagarde Warns Against Rapid Rate Hike

The euro fell versus its main equivalents during the European session Friday, in response to remarks from the ECB (European…

3 years ago

Euro May Gain Further Ground on Short Squeeze

The US dollar strengthened against most of its main competitors on Friday after the Labor Department reported that US employment…

3 years ago

Dollar Retreats After Release of US Personal Income & Spending Data

The US dollar reversed prior gains against its peers Friday, as anticipation for a rapid tightening of monetary policy by…

3 years ago

Canadian Dollar could Rebound on Rising Expectations of Rate Hike, Despite Weak Nov Retail Sales

On Friday, the Canadian currency fell beyond $1.25, its lowest level since January 14th, as investors flee risky investments.Softer-than-anticipated earnings…

3 years ago