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Canadian Dollar

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  • Draghi Says ECB Open to Negative Rates; Euro Drops Thursday, 2 May 2013 | 5:19 PM ET

    The euro fell sharply against the dollar in choppy trading on Thursday after European Central Bank President Mario Draghi said the bank is ready for negative deposit rates.

  • TORONTO, May 2- The Canadian dollar hit its weakest versus the U.S. dollar in two days on Thursday after the Bank of Canada surprised investors by appointing Stephen Poloz as its new governor. The currency pushed as high as C $1.0106 to the greenback, or 98.95 U.S. cents after the bank appointed Poloz, the head of Canada's export credit agency.

  • *C$ at C $1.0071 to the US$, or 99.30 U.S. cents. TORONTO, May 2- The Canadian dollar strengthened against its U.S. counterpart on Thursday after the domestic economy posted a surprise trade surplus, though the gain was trimmed by greenback appreciation after a sharp fall in jobless claims.

  • TORONTO, May 2- The Canadian dollar strengthened against the U.S. dollar early on Thursday after the domestic economy posted a surprise trade surplus. The currency firmed to C $1.0060 to the greenback, or 99.40 U.S. cents, after Statistics Canada said growing exports led to a C $24 billion surplus in March. It closed at C $1.0081, or 99.20 U.S. cents on Wednesday.

  • Dollar Pares Losses as Fed Stays Course Wednesday, 1 May 2013 | 5:14 PM ET

    The U.S. dollar pared its losses against the yen on Wednesday after the U.S. Federal Reserve said it will stick to its plan to buy $85 billion in bonds each month.

  • Dollar Retreats vs. Euro After Midwest Contraction Tuesday, 30 Apr 2013 | 4:58 PM ET

    The dollar fell against the euro and yen Tuesday after a U.S. Midwest business barometer unexpectedly contracted in April, adding to worries about the economic recovery.

  • Euro Rises After Italy Finally Forms Government Monday, 29 Apr 2013 | 3:48 PM ET

    The euro rose against the dollar and yen on Monday after Italy finally formed a government, ending two months of political uncertainty.

  • Bitcoin Mania: UK Spread-Better to Widen Trading Monday, 29 Apr 2013 | 1:41 AM ET

    IG Group is set to extend its service allowing customers to bet on the wildly fluctuating price of Bitcoin, the virtual currency that has captivated the interest of speculators and divided spread betting operators. The FT reports.

  • Dollar Falls vs. Yen After BOJ Stands Pat Friday, 26 Apr 2013 | 4:52 PM ET

    The dollar fell against the yen on Friday, retreating from a four-year high after the Bank of Japan left policy unchanged and after data showed U.S. economic growth expanded.

  • Dollar Rallies on Resilient US Job Market Thursday, 25 Apr 2013 | 4:43 PM ET

    The dollar rose against the euro on Thursday as data indicating resilience in the U.S. labor market allayed concerns about the pace of the economic recovery.

  • Euro Rises as Italy Outlook Offsets German Weakness Wednesday, 24 Apr 2013 | 5:09 PM ET

    The euro rose against the dollar on Wednesday, reversing a drop to a near three-week low earlier in the global session.

  • Euro Slips on Weak German Data; Rate Cut Bets Mount Tuesday, 23 Apr 2013 | 1:07 PM ET

    The euro hit a two-week low against the dollar after weak German data fanned concerns about the euro zone economy and speculation the European Central Bank could cut interest rates.

  • Will the Dollar Hit 100 Yen This Week? Monday, 22 Apr 2013 | 8:23 PM ET

    So, will dollar-yen continue its descent to hit 100 this week or does the yen, which has fallen more than 20 percent since mid-November, need a fresh catalyst to trigger a further downward move? Vote and let us know what you think.

  • US Dollar Stalks 100 Yen Level After G-20 Meeting Monday, 22 Apr 2013 | 4:43 PM ET

    The yen hovered near the key level of 100 to the dollar on Monday after major industrialized nations gave their stamp of approval to a massive Japanese easing program.

  • Yen Falls on Lack of G-20 Opposition to BOJ Action Friday, 19 Apr 2013 | 4:25 PM ET

    The U.S. dollar and euro rallied 1.5 percent versus the yen on Friday after Japan said the Group of 20 countries did not oppose its aggressive monetary easing.

  • Euro Edges Higher as Dollar Slips on Weak US Data Thursday, 18 Apr 2013 | 5:50 PM ET

    The euro edged higher against the dollar as more signals of a weakening U.S. economic recovery lifted it from its biggest daily drop in 10 months in the previous session.

  • Rate Cut Talk Sends Euro Sliding; Eyes on G-20 Wednesday, 17 Apr 2013 | 4:53 PM ET

    The euro suffered its biggest daily decline against the dollar in nearly a year on Wednesday, weakened by talk of a euro zone interest rate cut.

  • Yen Tumbles as Gold Fears Start to Stabilize Tuesday, 16 Apr 2013 | 2:25 PM ET

    The yen tumbled against the dollar and euro Tuesday, reversing the previous session's sharp gains as investor anxiety triggered by a record plunge in gold prices eased.

  • Renewed Global Worries Lend Support to Yen Monday, 15 Apr 2013 | 5:08 PM ET

    The yen rose from recent multi-year lows against the dollar and euro on Monday amid renewed worries about the global economy.

  • How to Trade Commodity Currencies  Monday, 15 Apr 2013 | 11:05 AM ET

    Valentin Marinov, director of FX strategy at Citi, explains that the U.S. dollar has recovered against commodity-currencies following the drop in gold prices.