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Forex News
November 152016
AUD Rises vs. USD, Flat vs. Other Majors
The Australian dollar fell against its US counterpart after the release of monetary policy minutes from the Reserve Bank of Australia, but the managed to rebound as of now. At the same time, the currency was mostly flat versus its other most-traded rivals. The RBA released minutes of its November 1 policy meeting today. The notes were fairly neutral, making several remarks about balanced risks to inflation, like: The overall assessment was […]
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November 152016
Loonie Falls vs. Greenback, Avoids Losses vs. Other Rivals
The Canadian dollar fell against its US peer on Monday as the shock of the surprise victory of Donald Trump in the US presidential elections continued to weigh on the currency. The loonie managed to gain on other most-traded rivals, like the euro and the Japanese yen. Trump’s victory led to concerns that trading ties between Canada and the United States may weaken. That is a very bad prospect of the Canada’s economy and the USA are the nation’s biggest trading partner. […]
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November 152016
Loonie Falls vs. Greenback, Avoids Losses vs. Other Rivals
The Canadian dollar fell against its US peer on Monday as the shock of the surprise victory of Donald Trump in the US presidential elections continued to weigh on the currency. The loonie managed to gain on other most-traded rivals, like the euro and the Japanese yen. Trump’s victory led to concerns that trading ties between Canada and the United States may weaken. That is a very bad prospect of the Canada’s economy and the USA are the nation’s biggest trading partner. […]
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November 92016
Canadian Dollar Faces Volatile Trading, Drops Against Pound on US Election
The Canadian dollar faced wild ups and downs on Wednesday after Republican Donald Trump became the newest president of the USA, which triggered fears toward the future of economic relationships between Canada and its biggest trading partner. Trumpâs victory in the US presidential election came as a shock since markets saw a bigger probability for Hillary Clinton to win, especially after an investigation into her email case ended after no evidence of criminal […]
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November 92016
Canadian Dollar Faces Volatile Trading, Drops Against Pound on US Election
The Canadian dollar faced wild ups and downs on Wednesday after Republican Donald Trump became the newest president of the USA, which triggered fears toward the future of economic relationships between Canada and its biggest trading partner. Trumpâs victory in the US presidential election came as a shock since markets saw a bigger probability for Hillary Clinton to win, especially after an investigation into her email case ended after no evidence of criminal […]
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November 92016
Dollar Recovers from Initial Shock after Trump Wins Presidency
The US dollar sharply fell earlier today after the US presidential election was concluded with a victory for Republican candidate Donald Trump. The currency then recovered all its losses in a day of volatile trading. Markets were initially shocked following Trumpâs victory, as a win for his Democrat rival Hillary Clinton was favorable from an economic viewpoint. However, investors are now rethinking the popular assumption that Trumpâs access […]
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November 92016
Dollar Recovers from Initial Shock after Trump Wins Presidency
The US dollar sharply fell earlier today after the US presidential election was concluded with a victory for Republican candidate Donald Trump. The currency then recovered all its losses in a day of volatile trading. Markets were initially shocked following Trumpâs victory, as a win for his Democrat rival Hillary Clinton was favorable from an economic viewpoint. However, investors are now rethinking the popular assumption that Trumpâs access […]
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November 92016
Pound Calm as Markets Wait for Outcome of US Elections
The Great Britain pound was flat against some of its peers while logging small gains against others during Asian trading hours. The currency’s moves were very limited as markets lay in wait for the outcome of the US presidential elections. According to the latest polls, Hillary Clinton is in the lead of the presidential race. Still, there is still a high degree of uncertainty about the outcome, especially considering that Hillary’s chief competitor, […]
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November 92016
Pound Calm as Markets Wait for Outcome of US Elections
The Great Britain pound was flat against some of its peers while logging small gains against others during Asian trading hours. The currency’s moves were very limited as markets lay in wait for the outcome of the US presidential elections. According to the latest polls, Hillary Clinton is in the lead of the presidential race. Still, there is still a high degree of uncertainty about the outcome, especially considering that Hillary’s chief competitor, […]
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November 82016
Canadian Dollar Strengthens as Markets Bet on Hillary’s Victory
The Canadian dollar gained on its major counterparts as market participants were speculating about the possible outcome of the US presidential elections. Economic data released from Canada over the trading session was not great, but it took the backseat to the US elections. At the present time, it looks like Democratic candidate Hillary Clinton leads in the presidential race. Markets welcomed this as they prefer her over Republican candidate Donald […]
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