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Day: May 18, 2015
May 182015
Rate Hike Speculation Helps Canadian Dollar
There is speculation that the Canadian dollar is strong enough now that a rate hike from the Bank of Canada could come sooner than expected. The news is helping the loonie against its European counterparts. Even though the Canadian dollar is lower than its US counterpart, the loonie is seeing some gains today. The Canadian dollar is stronger against the UK pound and euro, thanks to speculation […]
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May 182015
Euro Slips Below 1.1400 Against US Dollar
Euro is slipping today, losing ground after a rally earlier in the session. This happened toward the end of last week as well. After a strong run, the 19-nation currency is starting to show signs of weakness. Euro is losing ground to its major counterparts right now, even though the 19-nation currency was mostly higher earlier in the session. Last week, the euro ended higher — even though the currency was lower […]
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