Canadian dollar weakness forecasted as US Fed easing fails to support S&P 500
- Details
- Published on Monday, 15 October 2012 13:31
- Written by Rob Samson
Tags: Canadian dollar, Currency:CAD, US dollar, the euro, the pound, forecast,
The Canadian dollar is at risk of losing ground against the US dollar and other low-yielding 'safe-haven' currencies (including the pound and Yen) as weak equity markets provide a drag. This comes despite a decent start to the new week for CAD (See below).
US dollar today: USD in reverse as investors pick up euro's as Spain appears to be headed towards the bailout
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- Published on Friday, 12 October 2012 09:28
- Written by Will Peters
US Dollar ($) / Euro (€) (USDEUR) is at 0.7733: It looks like this morning belongs to the euro as Spanish rumours have helped boost investor demand for the single currency at the expense of the dollar; UBS analyst Gareth Berry advises that he is bearish on the dollar's prospects against the euro.
Euro exchange rate today: The Greek problem is pushed back further ensuring the Euro is the flavour of the day
- Details
- Published on Friday, 12 October 2012 08:51
- Written by Will Peters
The euro (Currency:EUR) is looking strong as it seems that a show-down over Greek debt repayments has been extended. European equity markets have opened slightly lower, but on the currency markets the morning belongs to the euro:
Pound euro exchange rate slips yet further as Spanish rumours keep single currency well supported
- Details
- Published on Friday, 12 October 2012 09:11
- Written by Rob Samson
The pound to euro is 0.22 pct lower than at Thursday night's closing level; GBP/EUR is at 1.2381 at 10:00 in London.
Euro to pound exchange rate gains in afternoon trade as confidence grows that Italy is sorting itself out
- Details
- Published on Thursday, 11 October 2012 12:23
- Written by Will Peters
The euro to pound exchange rate is 0.13 pct in the blue at 0.8055 at 13:00 in London. The move higher for the euro represents a powerful comeback as the single currency was beat lower by the Spanish sovereign downgrade at the hands of S&P towards the end of yesterday's session.
More Articles...
- Canadian dollar rides the rally but gains are hollow until market pressures Spain to seek bailout
- Pound euro exchange rate fails to capitalise on Spanish sovereign rating downgrade
- Euro exchange rate today: Spanish downgrade damage is done; EUR/USD falls by 30 pips
- Sterling this month: Pound to euro exchange rate forecasted to depreciate through remainder of 2012
Latest in Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
- Euro exchange rate today: CPI and ZEW data releases are key for near term movement
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Latest In Global FX
- Pound dollar exchange rate remains on the defensive as the US currency runs rampant
- Pound euro exchange rate finally up against the euro; gains will be capped by weak economy
- Euro exchange rate today: Forecasters show little optimism as EUR slips vs EUR, CAD and GBP
- Pound euro exchange rate lies low in anticipation of a week filled with domestic risk
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