Forex News

Euro Breaks Above 1.21, More Highs to Come in the Weeks Ahead

The euro dollar has gained ground against a slightly weaker greenback in the last 24 hours as analysts forecast the…

4 years ago

Crédit Agricole Expects Further Strengthening of the New Zealand Dollar

Last week, the kiwi dollar has eclipsed all other top currencies in performance, paving way for Westpac, Crédit Agricole CIB…

4 years ago

Canadian Dollar Rallies on Bank of Canada’s Upgraded Economic Outlook

The Canadian dollar rallied Wednesday and while doing so pushed the GBP/CAD pair downwards from their weekly high after the…

4 years ago

BMO Capital Forecasts Further Upside to the Canadian Dollar

Analysts at BMO Capital Markets have suggested buying the Canadian dollar on dips against the backdrop of national budget and…

4 years ago

Aussie Turns Weak on Vaccination Issues

Following remarks from a top government minister that state borders could stay largely sealed for an unspecified amount of time,…

4 years ago

Weak Economic Data, Geopolitical Worries Push Russian Ruble to 5-Month Low

The Russian ruble faced heavy sell off last week, with the currency breach $77 mark for the foremost time since…

4 years ago

Canada Economy Gains Momentum as Ivey PMI Hit 10-yr High

The Canadian dollar eclipsed other top currencies Wednesday and continued to stay as the leader amongst the bouquet of major…

4 years ago

US Dollar Index Ends the Week at 5-Month High

The dollar index remained almost unaltered at 92.90 in a lackluster trading session on Good Friday, reflecting levels which were…

4 years ago

US Dollar Down as Pending Home Sales Decline for the First Time in Nine Months

Private enterprises in the US added 517,000 jobs in March, compared with economists’ expectations of 550,000 job additions. The reported…

4 years ago

Pound Hits Seven Week Low as Consumer Price Inflation Weakens in February

The pound declined to seven-week low of 1.3677 against the greenback on intense selling pressure, before regaining some of the…

4 years ago