The U.S. dollar hit its lowest level in more than a year against a basket of major rivals on Friday.
*Canadian dollar at C $1.2588, or 79.44 U.S. cents. "The Canadian dollar is riding high, but it won't last forever, and any signs of weakness in inflation and in consumer spending could cause a sharp reversal," said Adam Button, currency analyst at ForexLive in Montreal. The currency traded in a range of C $1.2541, its strongest since early May 2016, and C $1.2640.
The U.S. dollar recovered some losses against the euro on Wednesday after touching a more than one-year low in the prior session.
The dollar fell to its lowest in nearly two years against the euro on Thursday after European Central Bank chief Mario Draghi's comments.
*Canadian dollar at C $1.2613, or 79.28 U.S. cents. TORONTO, July 20- The Canadian dollar edged lower against its U.S. counterpart on Thursday, but held near 14- month highs as oil prices rose and the greenback turned lower against a basket of major currencies. regional gauge of business conditions fell to an eight-month low and as comments by European Central Bank...
*Canadian dollar at C $1.2622 or 79.23 U.S. cents. The currency traded between C $1.2581, its strongest level since early May 2016, and C $1.2702 during the session. "I think that threshold may be acting as an opportunity to close out or at least take some profit on some short USD/CAD positions," said Mazen Issa, senior FX strategist at TD Securities in New York, adding...
The dollar hit its lowest against the euro in more than a year on Tuesday, with the broader dollar index touching a more than 10-month low.
The U.S. dollar hit its lowest level against a basket of major currencies in 10 months on Monday.
The dollar index fell on Friday, after weaker-than-forecast data on consumer prices and retail sales in June raised doubts about growth.
The dollar index steadied Thursday, helped by upbeat U.S. economic data.
TOKYO, July 13- The dollar dipped against its peers on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near a 13- month high after its country's central bank hiked interest rates for the first time since 2010.. The U.S. economy is healthy enough for the Fed to raise rates and begin...
Iron ore and metal prices will continue to provide support to the Australian dollar, says Saktiandi Supaat of Maybank.
TOKYO, July 13- The dollar was capped against a basket of currencies early on Thursday after Federal Reserve Chair Janet Yellen did not sound as hawkish as many had anticipated, while the Canadian dollar stood near a 13- month high after its country's central bank hiked interest rates for the first time since 2010.. The U.S. economy is healthy enough for the Fed to...
The dollar eased against the yen on Wednesday, after Federal Reserve Chair Janet Yellen said interest rates hikes would be gradual.
TORONTO, July 12- The Canadian dollar shot to a near 11- month high against the greenback on Wednesday and stocks gave up early gains after the Bank of Canada's first interest rate hike in seven years and on anticipation of more to come. The Bank of Canada raised its official interest rate by 25 basis points to 0.75 percent, citing more confidence in its outlook.
*Bank of Canada interest rate decision due. TORONTO, July 12- The Canadian dollar was unchanged against its U.S. counterpart on Wednesday as investors braced for the Bank of Canada's interest rate decision, oil prices rose, and the greenback dipped against a basket of major currencies. But the rapid climb in Canadian yields since the Bank of Canada turned hawkish...
The dollar fell to a more than one-week low against a basket of major currencies after Donald Trump Jr. released an email chain.
*Canadian dollar at C $1.2915, or 77.43 U.S. cents. *Bank of Canada interest rate decision awaited on Wednesday. TORONTO, July 11- The Canadian dollar weakened on Tuesday against its U.S. counterpart as prices of oil fell and the greenback made broader gains, but losses for the loonie were limited ahead of an expected interest rate hike by the Bank of Canada on...
The dollar climbed to a two-month high against the yen on Monday as the Japanese currency was pressured.
The dollar gained on Friday after a report showed the U.S. economy created far more jobs than expected in June and previous months.