EURCAD Forex News
Canadian Dollar Drops As Retail Sales Fall Unexpectedly
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February.
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3 days ago
Commodity Currencies Rise As Asian Shares Rebound On Tempered Middle East Fears
Commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday amid risk appetite, as fears of a wider conflict in the Middle East ebbed.
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6 days ago
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.
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6 days ago
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.
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8 days ago
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.
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10 days ago
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.
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12 days ago
Canadian Dollar Drops Against Most Majors
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
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12 days ago
Canadian Dollar Firms Against Majors
The Canadian dollar moved up against its major counterparts in the European session on Monday.
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13 days ago
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.
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15 days ago
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.
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16 days ago