Canadian dollar is higher as commodities see a sharp jump in prices. The latest ISM data in the United States is helping matters, especially for the loonie, but the manufacturing expansion in China and Australia is also helping quite a bit.
US dollar is almost universally lower today, thanks to a small amount of optimism as the year draws to a close. However, even though the greenback is lower on the day, the currency looks to post an annual gain against the euro.
Euro is fluctuating between gains and losses against the US dollar today in forex trading. The 17-nation European currency is looking for direction as forex traders prepare to close out positions as the year draws to a close.
Canadian dollar is higher against the US dollar today as optimism makes an appearance. US markets are showing improvement as consumer confidence gives stocks a boost, and provides hope for a US economic recovery.
Even with the disappointing GDP data coming out of the United States, there is still plenty that some Forex traders are excited about. The US dollar index is lower as risk appetite makes its appearance, and as the need for safe haven diminishes.
It looks to be a relatively quiet day in forex trading. Even so, the US dollar is mostly lower in forex trading today — although it isn’t much changed against other major currencies.
US Dollar is falling back as Forex traders find some optimism in today’s good economic news. Jobless claims have fallen to lows not see for more than three years, and investors and traders alike are excited about the news. Jobless claims fell to 366,000, seasonally-adjusted.
US dollar is mostly lower right now, due to optimism over Europe. Markets are reacting favorably to the latest news about a tighter fiscal union meant to stave off further euro crises. US dollar isn’t needed as a safe haven right now, so it is lower.
The US dollar index is dropping as optimism returns to the Forex market. High beta currencies are gaining as the Italian bond auction restores some equanimity to Forex traders.
US dollar is heading higher on the Forex market, gaining as traders look for safe haven in the face of more European troubles. This time, it’s a credit rating cut for Belgium.
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1 year 12 weeks ago
1 year 12 weeks ago