will the canadian dollar go higher in value than the us dollar

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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Canadian Dollar Moves Higher as Equities Make Major Gains

The Canadian dollar is moving higher against the greenback as positive sentiment sweeps all asset classes on Thursday morning.USD/CAD has been on a steady decline through the entire trading session, giving up more than 2 cents on the day. The cross has given up most of its gains since March 30 and is now trading below strong support at 1.24 CAD.Currency strategists will continue to look to equity markets for further direction in USD/CAD. Equities received a

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EUR/USD: Euro consolidates above 1.3330 and approaches 1.3400

FXstreet.com (Barcelona) ? The Euro has remained at high levels after yesterday rally, and downside correction has been supported at 1.3330 on early European session, to bounce and approach 1.3400 at the time of writing.According to the Swiss e Trade Strategy Team, the Euro mightr attempt to rise higher again: ?The euro is consolidating its higher levels reached yesterday against the dollar in early European trading and is currently priced at 1.3370. We see some higher levels being approached today,

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Wall Street advances on better than expected retailers reports, EUR fuelled by ECB

FXstreet.com (Barcelona) - US market has opened higher after the better than expected retailers reports as WallMart says its US yearly sales rose 5.0% in April, well above 3.0% expected by market. EUR is climbing up on ECB buying bonds plan and Trichet words, Risk appetite seems to be back.Dow Jones advances 0.25% to 8,530, S&P 500 is rising 0.49% to the 922.54 level. On the other hand, Nasdaq is losing 0.55% after open higher.EUR/USD has reached its monthly high

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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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Aud close to 0.7800

FXstreet.com (Buenos Aires) - Australian dollar extended gains on Tuesday, rising over 1% at 0.7784 to hit a seven-month high against its U.S. counterpart as rising equities and oil prices boost the higher risk and commodity-based currency. The Aussie gained 3.5 % this week against the U.S, thus some analyst consider the currency is close to an important reversal. Despite that, currency has also been benefited from comments of RBA Governor, Glenn Stevens that state that actual 3.0% rates are

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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

historic data of canadian dollar versus the united states dollar - canadian dollar expected to gain strength against us dollar in 2009 - will the canadian dollar go higher in value than the us dollar

GBP/USD: The Pound attempts to stretch higher; reaches 1.4580

FXstreet.com (Barcelona) ? The Pound is trying to pick up again and reaches levels around 1.4580 after having bottomed at 1.4515 during the European session on its decline from Friday?s high at 1.4772; the Pound remains weak in the hourly charts and RSI shows a neutral tone.On the upside, potential resistance levels lie at 1.4600, and above there 1.4660 and 1.4770 (Mar 24 high). On the downside, below 1.4515, next support levels could lie at 1.4440 (Apr 23 low)

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Euro Holds Gains Against U.S. Dollar

A small rise in market sentiment could be helping the euro move higher against the U.S. dollar Wednesday afternoon.It has been a relatively quiet day for the euro. No major data was released during the European session and flat U.S. equity markets are not providing much direction for EUR/USD.The cross jumped over a cent following the North American open and has managed to hold gains above 1.30 USD, hitting a high of 1.3037 USD. Negative news from GM

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Wall street continues gaining on low share prices, EUR and GBP higher

!--TITOL: h1Wall street continues gaining on low share prices, EUR and GBP higherFITITOL--FXstreet.com (Barcelona) - US market has started the week with a strong rally as investors are hunting for bargains from the last week's slump. SP 500 is recovering its levels from last week, the worse since March. A higher market has fueled the risk appetite, Euro and Pound are higher and USD/JPY is rising.br /br /Dow Jones are rising 2.30%, 187.20 pts to be above the 8,450 level.

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