Forex News – Page 257

November 7
2016

Canadian Dollar Opens Sharply Higher as Week Starts with Shock

The Canadian dollar opened sharply higher against its major rivals as the news from the United States shocked markets. The currency struggles to establish a clear trend, though, rising against some peers but falling below the opening against others. Markets were in turmoil at the start of the trading week due to the news that the Federal Bureau of Investigation found no signs of crime in Hillary Clinton’s emails. It changed the outlook for the outcome of the US […]

November 7
2016

Mexican Peso Surges as FBI Finds No Crime in Hillary’s Emails

The Mexican peso climbed today after the Federal Bureau of Investigation said that it found no evidence of crime in Hillary Clinton’s emails, boosting her chances for victory in the US presidential elections. While the news was beneficial to the dollar, the peso managed to gain even on the US currency. The Mexican currency depends on reports from the United States strongly as the USA is the biggest trading partner of Mexico. In particular, the currency was demonstrating noticeable […]

November 7
2016

Mexican Peso Surges as FBI Finds No Crime in Hillary’s Emails

The Mexican peso climbed today after the Federal Bureau of Investigation said that it found no evidence of crime in Hillary Clinton’s emails, boosting her chances for victory in the US presidential elections. While the news was beneficial to the dollar, the peso managed to gain even on the US currency. The Mexican currency depends on reports from the United States strongly as the USA is the biggest trading partner of Mexico. In particular, the currency was demonstrating noticeable […]

November 7
2016

Dollar Rises as FBI Finds No Evidence Against Clinton

The US dollar gained on Monday after the currency declined for most of the previous week. The dollarâs rise comes after FBI Director James Comey told Congress that no evidence of criminal activity was found in the agencyâs investigation against Democrat Hillary Clinton. Traders speculate that Clinton has a better chance of winning the race for the White House following FBIâs announcement on Monday, which lifted pressure off the US currency that […]

November 7
2016

Dollar Rises as FBI Finds No Evidence Against Clinton

The US dollar gained on Monday after the currency declined for most of the previous week. The dollarâs rise comes after FBI Director James Comey told Congress that no evidence of criminal activity was found in the agencyâs investigation against Democrat Hillary Clinton. Traders speculate that Clinton has a better chance of winning the race for the White House following FBIâs announcement on Monday, which lifted pressure off the US currency that […]

November 5
2016

US Dollar Jitters as US Elections Come Closer

The US dollar ended the week rather soft as the upcoming US presidential elections overshadowed all other events. And as the outcome of the vote became more uncertain, traders were reluctant to hold the US currency. At the start of the week, it looked like markets shrugged off the reopened investigation of Hillary Clinton’s emails by the Federal Bureau of Investigation. Yet market participants kept their focus on the news throughout the week, and this was not good for the greenback. […]

November 5
2016

US Dollar Jitters as US Elections Come Closer

The US dollar ended the week rather soft as the upcoming US presidential elections overshadowed all other events. And as the outcome of the vote became more uncertain, traders were reluctant to hold the US currency. At the start of the week, it looked like markets shrugged off the reopened investigation of Hillary Clinton’s emails by the Federal Bureau of Investigation. Yet market participants kept their focus on the news throughout the week, and this was not good for the greenback. […]

November 4
2016

New Zealand Dollar Seeks Direction amid Clashing Fundamentals

The New Zealand dollar fell today but managed to rebound against some of its peers (including the Japanese yen) as positive macroeconomic data (both domestic and from abroad) clashed with the pessimistic monetary policy outlook. Economic reports released from New Zealand over the week were surprisingly good, increasing the attractiveness of the nation’s currency to investors. Reports from China, the second biggest trading partner of New Zealand, were good […]

November 4
2016

New Zealand Dollar Seeks Direction amid Clashing Fundamentals

The New Zealand dollar fell today but managed to rebound against some of its peers (including the Japanese yen) as positive macroeconomic data (both domestic and from abroad) clashed with the pessimistic monetary policy outlook. Economic reports released from New Zealand over the week were surprisingly good, increasing the attractiveness of the nation’s currency to investors. Reports from China, the second biggest trading partner of New Zealand, were good […]

November 4
2016

Canadian Dollar Little Changed due to Economic Data & Oil Prices

The Canadian dollar was little changed-to-lower against most of its major rivals despite economic data from Canada released over the trading session that was good. The problem for the currency was a steep drop of crude oil prices. Canada’s employment rose by 43,900 in October from September — the result which was nowhere near the drop by 10,000 promised by analysts. The unemployment rate was steady at 7.0%. The Ivey Purchasing Managers Index […]