|Day's range||1.32 - 1.324|
|52-week range||1.2542 - 1.3728|
A choppy start to the day sees the Aussie Dollar on a rollercoaster. The focus will be on economic data out of the Eurozone, trade talks and Brexit.
Investing.com - The U.S. dollar traded near session highs Thursday, despite a slew of negative U.S. economic reports pointing to signs of slowing growth in the underlying economy.
CAD erased early gains and pair trades near intra-day lows as Traders eye US macro data/speech by BoC Poloz for some meaningful impetus.
Economic indicators out of Japan this week have proven to be more of an economic alarm bell than an indicator. What’s next for the BoJ?
Economic data out of Japan spells more trouble, with a particularly busy economic calendar placing focus on the EUR and USD.
CAD trades positive as investors await the release of the latest FOMC meeting minutes for directional cues.
Investing.com - The U.S. dollar pared some losses against a basket of major currencies Wednesday, even as the minutes from the Federal Reserve strengthened expectations the central bank will leave interest rates on hold this year.
Trade data out of Japan suggests more doom and gloom as trade negotiations. Brexit chatter and the FED minutes will be in focus through the day.
USDCAD pair is trading range bound as both sides lack macro data updates and high impact headlines to influence a breakout rally.
Investing.com – The U.S. dollar slipped against a basket of major currencies Tuesday, pressured by strength in the pound on strong labor market data and hopes for progress on upcoming Brexit talks.
Negative sentiment towards the global economic outlook weighed on the commodity currencies, with economic data and Brexit putting the Pound in Focus.
Judging from the way the dollar index is weighted, the best bet for another surge to the upside will be a weaker Euro, Japanese Yen and British Pound.
Investing.com – The dollar was modestly higher against its rivals Friday and remained on track to post consecutive weekly gains for the first time since November. The dollar's rise came as traders digested mostly negative U.S. economic data.
Theresa May’s troubles continue to pin back the Pound and the stats have provided little help. More swings on the cards later today.
Disappointing macro data and crude oil price undermined Loonie bulls while strength of US Dollar in broad market helped stage solid upside move.
Investing.com - The U.S. dollar was roughly unchanged against its rivals Thursday as analysts downplayed data showing U.S. retail sales suffered their biggest drop since 2009.
Brexit and Trade talks are on the political agenda, while Germany’s GDP numbers and retail sales figures out of the U.S will be in focus on the data front.
Oil prices continue to underpin Loonie while Dollar is subdued owing to risk appetite resulting in range bound action.
Investing.com – The dollar rose against a basket of major currencies Wednesday, shrugging mixed U.S. inflation data as the euro slipped on fresh signs of stuttering eurozone growth.
Will inflation numbers deliver a boost for the Pound or the Dollar, or will they ease pressure on the respective central banks to make a move?
The Canadian dollar strengthened on the spike in crude oil price but strong dollar limited decline.
Investing.com – The U.S. dollar fell against a basket of major currencies pressured by strength in the euro despite growing expectations the European Central Bank will not tighten monetary policy this year.