Forex News

Dollar Turns Weak Against Rivals, But Euro is Unable to Take Advantage

The greenback lost ground against its peers on Friday, continuing its recent downtrend, against the backdrop of worries about interest…

2 years ago

Pound Strengthens on Unexpected Rise in the UK Retail Sales in April

The pound gained ground against its peers Friday following the release of better-than-anticipated economic data. According to the ONS, the…

3 years ago

Euro Continues its Losing Streak as Gas Prices Surge

The Eurodollar continued its downtrend last week against the backdrop of another sharp rise in natural gas prices, aided by…

3 years ago

Pound Remains Weak Despite the Recent Decline

The pound lost considerable ground against the euro, the US dollar, and other top currencies in the week that ended…

3 years ago

Euro Remains Under Pressure as Russia Stops Gas Supply to Bloc

The GBP/EUR currency pair exchange rate has been consolidating as economic concerns of investors shift from the UK to the…

3 years ago

Euro Eclipses Pound as UK Witnesses Series of Poor Economic Data

The British Pound has fallen dramatically versus the Euro and the US Dollar after a series of dismal economic data…

3 years ago

Japanese Yen Hits 20-Year Low as US Yields Rise

The dollar-yen exchange rate fell to a 20-year low earlier today, helped by strong US Treasury rates and perhaps positive…

3 years ago

Was Beijing Behind “Co-Movement” of Currency Pairs Seen Last Week

A strong mid-week rise in the pound versus the greenback and Eurodollar has erased its early April falls, and there…

3 years ago

Canadian Dollar Forecast to Remain Strong on 50-bps Rate Hike Expectations

With the Bank of Canada (BoC) policy announcement scheduled for coming Wednesday, the GBP/CAD exchange rate fell in the last…

3 years ago

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