USDCAD Forex News
U.S. Dollar Rises Ahead Of Inflation Data
The U.S. dollar was higher against its major counterparts in the New York session on Friday, as investors awaited the release of U.S. inflation data for April next week, which will guide the outlook for Fed rate cuts.
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1 day ago
U.S. Dollar Declines Amid Higher Jobless Claims
The U.S. dollar fell against its major counterparts in the New York session on Thursday, as weekly jobless claims rose more than expected last week, the highest level since August 2023.
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2 days ago
U.S. Dollar Weakens Against Most Majors
The U.S. dollar lost ground against its most major counterparts in the New York session on Wednesday.
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3 days ago
Canadian Dollar Firms Against Majors
The Canadian dollar strengthened against its major counterparts in the New York session on Wednesday.
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3 days ago
Australian Dollar Falls Amid Risk Aversion
The Australian dollar weakened against other major currencies in the Asian session on Wednesday amid risk aversion, as traders largely refrained from making significant moves after hawkish comments from a few U.S. Fed officials again raised concerns about the outlook for interest rates.
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3 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
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3 days ago
U.S. Dollar Advances After Hawkish Fed Remarks
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as Minneapolis Federal Reserve Bank President Neel Kashkari remarked that the central bank is expected to maintain a tighter monetary policy for an extended period.
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4 days ago
Canadian Dollar Weakens Against Most Majors
The Canadian dollar declined against its most major counterparts in the New York session on Tuesday.
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4 days ago
U.S. Dollar Lower As Soft Jobs Data Lifts Rate Cut Hopes
The U.S. dollar fell against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for April boosted hopes of a rate cut by the Federal Reserve in September.
RTTNews
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8 days ago
U.S. Dollar Falls Amid Risk Appetite
The U.S. dollar weakened against other major currencies in the Asian session on Friday amid risk appetite, as traders had expressed some concerns the U.S. Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Powell said the next rate move from the central bank will most likely be an interest rate reduction.
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8 days ago
