EURCAD Forex News

Canadian Dollar Rises Against Most Majors

Canadian Dollar Rises Against Most Majors

The Canadian dollar strengthened against most major currencies in the Asian session on Monday. The Canadian dollar rose to a 16-year high of 112.80 against the yen, from Friday's closing value of 112.39.
RTTNews | 6 days ago
Euro Advances On Easing Middle East Fears

Euro Advances On Easing Middle East Fears

The euro was higher against its major counterparts in the New York session on Friday, as concerns about an escalation in the Middle East conflict eased after a subdued response from Iran to Israel's retaliatory attack.
RTTNews | 8 days ago
Euro Higher Against Majors

Euro Higher Against Majors

The euro was higher against its major counterparts in the European session on Wednesday, as investors cheered inflation data out of U.K and Eurozone.
RTTNews | 10 days ago
Commodity Currencies Slide Amid Risk Aversion

Commodity Currencies Slide Amid Risk Aversion

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday amid risk aversion, as bond yields spiked after a report showed a much stronger than expected U.S. retail sales growth in March. The data led to renewed concerns the U.S. Fed will hold off on lowering interest rates in June. Traders also remained concerned about geopolitical tensions in the middle east.
RTTNews | 12 days ago
Euro Falls On ECB Rate Cut Bets

Euro Falls On ECB Rate Cut Bets

The euro was lower against its most major counterparts in the New York session on Friday, as the likelihood of a reduction in key interest rates in June increased after monetary policy announcement from the European Central Bank on Thursday.
RTTNews | 15 days ago
Euro Lower As ECB Hints At Rate Cut Ahead

Euro Lower As ECB Hints At Rate Cut Ahead

The euro weakened against its major counterparts in the New York session on Thursday, as the European Central Bank left its key interest rates unchanged but signaled a possible cut at the next meeting in June amid a drop in inflation and anaemic growth.
RTTNews | 16 days ago