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Momentum Continues to Support Canadian Dollar
The Canadian dollar continues to be one of the best performers despite broad-based gains by the U.S. dollar and more negative sentiment in financial markets.The risk aversion dominating currency markets is not supporting USD/CAD, as the cross remains under pressure. The Canadian dollar is the second best performer against the U.S. dollar - second only to the British pound - among G10 currencies.The U.S. dollar saw broad gains following higher-than-expected core CPI data. However the rally in
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Grim Canadian Data Could Add to Canadian Dollar Weakness
Weaker Canadian data could be having a slight impact on the Canadian dollar as equity momentum dominates currency markets.A drop in equities is causing a rally in the U.S. dollar across the board. Positive market sentiment caused a modest sell-off in USD/CAD in the Asian session. However, the sentiment dissipated just before the North American open. The cross is trading around the 1.24 level.The Canadian dollar continues to be one of the worst performers against the U.S.
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Indian Rupee / US Dollar converter (INDIA / VIRGIN ISLANDS (U.S.))
Indian Rupee / US Dollar converter (INR / USD) will convert the currency of INDIA in currency of VIRGIN ISLANDS (U.S.) with the actual exchange rate.
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Forex Trading Euro Dollar: Le recul historique de l’indice des prix à la production américain limite la progression du dollar
Le dollar a effacé les gains enregistrés ce matin en début de session européenne, dans le sillage de la publication de l'indice des prix à la production aux Etats Unis pour le mois d'octobre, en recul historique depuis 1947, à -2.8% sur un mois après la baisse de 0.4% le mois précédent. Hors alimentation et énergie, l'indice progresse,
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Forex (foreign exchange) Currency trading
Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis
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The Dollar Back On The Defensive, 1.3750 Is A Key Area.
The Dollar back on the defensive, 1.3750 is a key area. What’s new?Japan: Nikkei higher following less mediocre machine tools orders data.United States: Sharp rise in weekly unemployment registrations.United States: General Motors seek bankruptcy comparable to that of Chrysler.United States: Better than expected producer prices (+0.30%). Spain: Unp
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