Forex News and Rumors

Greenback Struggles

The dollar took it on the chin recording its largest single-day loss ever against the euro. The buck lost nearly 2.5 percent falling to $1.2952 per euro compared to the previous close of $1.2643 per euro. More

Commodities Boost the Loonie

Surging commodities helped Canada’s dollar recover recent losses against the U.S. dollar. The Loonie has now gained 10.9 percent since Oct.24th. More

Oil Jumps $6 a Barrel

Crude oil gained more than $6 a barrel as the equity markets showed some optimism today – as closing time approached, the DOW had gained 193 points while the S&P 500 showed a more modest 25 point gain. More

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