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Markets » Americas Forex

TSX rises 0.07 percent
Financial

TSX rises 0.07 percent

NEW YORK: The Toronto Stock Exchange's S&P/TSX rose 10.62 points, or 0.07 percent, to 15,155.50. Leading the inde
Published 16 Nov, 2018 09:46pm
Dollar slides, yields rise as investors digest Fed
Financial

Dollar slides, yields rise as investors digest Fed

NEW YORK: The dollar sank to a five-week low on Thursday while US bond yields rose as investors digested the recent US interest rate increase and indications there would be no pick-up in the pace of monetary tightening.
Published 16 Mar, 2017 10:53pm
Dollar slips as markets await Fed rate outlook
Financial

Dollar slips as markets await Fed rate outlook

NEW YORK: The dollar edged lower on Wednesday, as investors awaited a widely-expected interest rate increase from the Federal Reserve, but grew cautious about the rate outlook this year given lingering uncertainty with the Trump administration's fiscal po
Published 15 Mar, 2017 04:07pm
C$ weakens as oil prices slide to 3-month low
Financial

C$ weakens as oil prices slide to 3-month low

TORONTO: The Canadian dollar weakened on Tuesday against its US counterpart as prices of oil, one of Canada's major exports, fell and the greenback climbed broadly ahead of a widely expected interest rate hike by the US Federal Reserve.
Published 14 Mar, 2017 11:03pm
C$ hits 2-month low as oil drops below $50
Financial

C$ hits 2-month low as oil drops below $50

TORONTO: The Canadian dollar weakened on Thursday to a fresh two-month low against the greenback as US crude oil prices traded below $50 a barrel and the gap between US and Canadian yields widened.
Published 09 Mar, 2017 07:04pm
Dollar slips, euro rises after ECB's Draghi speaks
Financial

Dollar slips, euro rises after ECB's Draghi speaks

NEW YORK: The dollar fell against a basket of major currencies on Thursday, while the euro gained after European Central Bank head Mario Draghi suggested it was less necessary to prop up the market through ultra-loose monetary policy.
Published 09 Mar, 2017 04:13pm
C$ stabilizes with oil after hitting near 2-month low
Financial

C$ stabilizes with oil after hitting near 2-month low

TORONTO: The Canadian dollar stabilized on Friday after hitting a nearly two-month low against its US counterpart, helped by a recovery in oil prices, while the greenback pared some recent gains ahead of a speech by Federal Reserve Chair Janet Yellen%D%AY
Published 03 Mar, 2017 03:33pm
Dollar gains as US March rate hike seen more likely
Financial

Dollar gains as US March rate hike seen more likely

NEW YORK: The dollar gained to seven week highs against a basket of currencies on Thursday, after hawkish comments by a Federal Reserve official late on Wednesday encouraged investors to expect a near-term interest rate hike.
Published 02 Mar, 2017 04:02pm
Yen rises as political worries stoke safe-haven bids
Financial

Yen rises as political worries stoke safe-haven bids

NEW YORK: The yen rose against major currencies on Friday as concerns about the upcoming French elections and the lack of movement in fiscal changes in the United States kindled safe-haven demand for the Japanese currency.
Published 17 Feb, 2017 05:05pm
C$ weakens as oil prices fall, greenback climbs
Financial

C$ weakens as oil prices fall, greenback climbs

TORONTO: The Canadian dollar weakened against its US counterpart on Wednesday as a drop in oil prices and broader gains for the greenback offset stronger-than-expected domestic manufacturing data.
Published 15 Feb, 2017 03:12pm
Dollar index rises as Yellen sees another rate increase
Financial

Dollar index rises as Yellen sees another rate increase

NEW YORK: The dollar rose to a three-week peak against a basket of major currencies on Tuesday as investors raised their outlook on a faster pace of US rate increases following comments from Federal Reserve Chair Janet Yellen.
Published 14 Feb, 2017 07:25pm
Dollar rallies on Trump tax pledge
Financial

Dollar rallies on Trump tax pledge

LONDON: The dollar extended a rally Friday on comments by US President Donald Trump that he would release details of a "phenomenal" tax-cut plan, which also lifted global stock markets.
Published 10 Feb, 2017 03:04pm
Dollar recovers ground on strong US jobs, factory data
Financial

Dollar recovers ground on strong US jobs, factory data

NEW YORK: The US dollar recovered some ground on Wednesday after stronger-than-expected US private payrolls and manufacturing data, while lingering worries that the United States was poised to ditch its "strong dollar" policy limited gains.
Published 01 Feb, 2017 06:04pm
C$ little changed as investors assess Trump travel curbs
Financial

C$ little changed as investors assess Trump travel curbs

TORONTO: The Canadian dollar was little changed against its US counterpart on Monday, recovering from an earlier nearly one-week low, as oil prices fell and investors weighed concerns over a travel ban implemented by US President Donald Trump.
Published 30 Jan, 2017 03:12pm
C$ edges lower as oil falls; on track for weekly gain
Financial

C$ edges lower as oil falls; on track for weekly gain

TORONTO: The Canadian dollar edged lower against its US counterpart on Friday as oil fell and the greenback extended its recovery against a basket of currencies, but the loonie remained on track to score its biggest weekly gain since early December.
Published 27 Jan, 2017 03:31pm
Dollar grinds higher as Trump debate deepens
Financial

Dollar grinds higher as Trump debate deepens

LONDON: The dollar edged higher on Friday, steadying after a volatile week that underlined the growing uncertainty over how Donald Trump will behave after his inauguration as US President.
Published 20 Jan, 2017 01:39pm
C$ hits 2-week low as greenback climbs
Financial

C$ hits 2-week low as greenback climbs

TORONTO: The Canadian dollar weakened to a two-week low against its US counterpart on Thursday, one day after the Bank of Canada left the door open to cutting interest rates, as broader gains for the greenback offset higher oil prices and firm domestic da
Published 19 Jan, 2017 05:03pm
C$ rises to near 3-month high on oil; dollar slides
Financial

C$ rises to near 3-month high on oil; dollar slides

TORONTO: The Canadian dollar strengthened to a near 3-month high against its US counterpart on Thursday as oil prices rose and the greenback extended losses that began after US President-elect Donald Trump's news conference a day earlier.
Published 12 Jan, 2017 03:45pm
C$ slightly weaker as all eyes on Trump
Financial

C$ slightly weaker as all eyes on Trump

TORONTO: The Canadian dollar weakened slightly against its US counterpart early on Wednesday, with investors bracing for clues about US President-elect Donald Trump's likely trade, tax and fiscal policy direction at a morning news conference.
Published 11 Jan, 2017 02:35pm
C$ strengthens as oil rises, housing starts jump
Financial

C$ strengthens as oil rises, housing starts jump

TORONTO: The Canadian dollar edged higher against its US counterpart on Tuesday as oil rose and stronger-than-expected domestic housing starts suggested the country's long housing boom may not yet be over.
Published 10 Jan, 2017 03:45pm
C$ dips, paring some of prior day's gains
Financial

C$ dips, paring some of prior day's gains

TORONTO: The Canadian dollar weakened slightly against its US counterpart on Wednesday but hung on to most of the previous day's gains as oil prices rose and the greenback retreated from a 14-year high.
Published 21 Dec, 2016 07:10pm
C$ weakens against firm greenback as oil dips
Financial

C$ weakens against firm greenback as oil dips

TORONTO: The Canadian dollar weakened against its US counterpart on Monday as oil dipped and expectations for further US Federal Reserve interest rate hikes kept the greenback close to its highest in 14 years.
Published 19 Dec, 2016 07:48pm
C$ weakens on widening Canada-US yield spreads
Financial

C$ weakens on widening Canada-US yield spreads

TORONTO: The Canadian dollar weakened against its US counterpart on Friday, pressured by the recent fall in Canada's bond yields below US yields as investors braced for divergence in monetary policy between the Federal Reserve and the Bank of Canada.
Published 16 Dec, 2016 03:20pm
C$ posts 8-week high ahead of Fed rate decision
Financial

C$ posts 8-week high ahead of Fed rate decision

TORONTO: The Canadian dollar strengthened to an eight-week high against its US counterpart on Wednesday as broader losses for the greenback ahead of a Federal Reserve interest rate decision eclipsed a dip in oil prices and mixed domestic data.
Published 14 Dec, 2016 09:32pm
C$ strengthens for fifth straight day as oil climbs
Financial

C$ strengthens for fifth straight day as oil climbs

TORONTO: The Canadian dollar strengthened for the fifth straight day against its US counterpart on Tuesday, posting a near eight-week high as higher oil prices offset expected monetary policy divergence between the US and Canada.
Published 13 Dec, 2016 07:27pm
C$ strengthens to nearly 1-week high as oil rallies
Financial

C$ strengthens to nearly 1-week high as oil rallies

TORONTO: The Canadian dollar strengthened to a nearly one-week high against its US counterpart on Monday as oil rallied ahead of a meeting this week of major oil producers, while investors awaited a speech by Bank of Canada Governor Stephen Poloz.
Published 28 Nov, 2016 02:59pm
Dollar jumps to highest in almost 14 years on Fed hike stance
Financial

Dollar jumps to highest in almost 14 years on Fed hike stance

NEW YORK: The dollar surged to its highest since March 2003 on Wednesday, bolstered by upbeat US economic reports that showed the economy on track for steady growth as they reinforced expectations of rate increases by the Federal Reserve next month and in
Published 23 Nov, 2016 08:52pm
C$ hits nearly 2-week high amid OPEC optimism
Financial

C$ hits nearly 2-week high amid OPEC optimism

TORONTO: The Canadian dollar strengthened to a nearly two-week high against its US counterpart on Tuesday as investors weighed prospects of an output cut by major oil producers and domestic retail sales rose for the first time in three months.
Published 22 Nov, 2016 05:30pm
Dollar index hits 13-1/2 year high after Yellen
Financial

Dollar index hits 13-1/2 year high after Yellen

NEW YORK: The dollar on Thursday climbed to fresh 13-1/2 highs versus a basket of major currencies after Federal Reserve Chair Janet Yellen finished her appearance before the Congress's Joint Economic Committee.
Published 17 Nov, 2016 05:06pm
C$ dips as oil pullback offsets manufacturing gain
Financial

C$ dips as oil pullback offsets manufacturing gain

TORONTO: The Canadian dollar edged lower against its US counterpart on Wednesday as oil returned some of the advances made in one of the year's biggest rallies a day earlier, offsetting stronger-than-expected gains in domestic manufacturing sales.
Published 16 Nov, 2016 06:10pm
Dollar index briefly slips into negative territory
Financial

Dollar index briefly slips into negative territory

NEW YORK: The dollar briefly weakened on Wednesday against a basket of currencies, retreating from a 14-year peak, after the release of a government report that showed US producer prices rose less than forecast in October.
Published 16 Nov, 2016 02:04pm
Dollar rallies, yen slides
Financial

Dollar rallies, yen slides

NEW YORK: The dollar rallied against most peers Monday at the start of a light US economic calendar week, while the yen
Published 09 May, 2016 10:38pm