Forex Market

The Canadian Dollar (CAD) reaffirmed its gains against the US Dollar (USD) on Friday, rising to its best level since the beginning of September. This comes despite employment data in Canada coming below expectations. The USD/CAD is trading lower for the day by 0.09% at 1.3033. The pair earlier reached …

Turkey has not tightened policy enough to support the lira, which hit a new low on Friday, a senior analyst at Fitch Ratings said, and that the country’s foreign exchange reserves and external financing remain weaknesses. “more pressure from the currency, double-digit inflation and the erosion of foreign exchange reserves …

The British Pound (GBP) is rising against the US Dollar (USD), as the latter is declining across the board. This comes amid the continued uncertainty surrounding the outcomes of the presidential elections. The GBP/USD is trading higher by 0.81% at 1.3093. The pair has been moving in a range between …

The Australian Dollar (AUD) rose against the US Dollar (USD) to its highest level in about seven weeks. This comes as the USD declined across the board amid the continued uncertainty surrounding the outcomes of the presidential elections. The AUD/USD pair is trading higher by 1.14% at 0.7264, its highest …

The US Dollar (USD) declined on Thursday to its lowest level in about seven months, as uncertainties continue about the outcomes of the US presidential elections. The Dollar Index (DXY) is down for the day by 0.79% at 92.67. The index, which measures the USD performance against a basket of …

The Canadian Dollar (CAD) rose against its US counterpart (USD) on Thursday to its highest level in eight weeks. This comes as the USD declined across the board amid the continued uncertainty surrounding the outcomes of the presidential elections. The CAD is up by 0.56% against the USD, with the …

The US Dollar (USD) is fluctuating on Wednesday, awaiting the results of yesterday’s elections. It seems unlikely that the Democrats will take control of the Senate, which means a new large stimulus package remains uncertain. The Dollar index (DXY), which measures the performance of the USD against a basket of …

The Euro (EUR) rose against the US Dollar (USD) to its highest level in five days during Tuesday’s trading session, as the USD is declining across the board on election day. The EUR/USD is trading higher for the day by 0.72% at 1.1725. The pair has been moving today in …

The British Pound (GBP) rose against the US Dollar (USD), as the later declined on election day, to its highest level in a week. The GBP/USD is trading higher by 1.05% at 1.3053. The pair has been moving today in a range between 1.2911 and 1.3079, after closing yesterday at …

The US Dollar (USD) is declining across the board on elections day, with markets awaiting the results of the presidential and congressional elections. The Dollar index (DXY), which measures the USD performance against a basket of six major international currencies, is down for the day by 0.76% at a daily …