TTCM
Monday, 05 February 2018 / Published in Forex Daily News
The U.S. dollar rose to a nearly two-week high against its Canadian counterpart on Monday, as Friday’s upbeat U.S. employment report continued to lend support to the greenback, while declining oil prices weighed on the commodity-related Canadian currency. USDCAD was at 1.2485, the highest since January 23. The greenback remained supported after the U.S. Department of
TTCM
Friday, 02 February 2018 / Published in Forex Daily News
The U.S. dollar climbed against its Canadian counterpart on Friday, helped by the release of strong U.S. employment report, while lower oil prices dampened demand for the commodity-related Canadian currency. USDCAD was up at 1.2390, the highest since January 30. The unemployment rate remained unchanged at 4.1% this month, in line with expectations. The report also showed that
TTCM
Thursday, 01 February 2018 / Published in Forex Daily News
The U.S. dollar turned lower against other major currencies on Thursday, as investors became more cautious ahead of Friday’s highly-anticipated employment data. The greenback briefly rebounded after the Federal Reserve, at the conclusion of its policy meeting on Wednesday, signalled its confidence about inflation and growth in the U.S. The Fed said that inflation is likely
TTCM
Wednesday, 31 January 2018 / Published in Forex Daily News
The U.S. dollar remained broadly lower against other major currencies on Wednesday, as investors remained cautious ahead of the Federal Reserve’s monthly policy decision due later in the day. The greenback moved lower following U.S. President Donald Trump’s first State of the Union address late Tuesday. Amid positive comments on what the U.S. President described
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