Archive for Tag: forex outlook

forex analyis

Dollar Edges Higher; Climbs to a New Two-Year High

EUR/USD is trading flat at 1.0877 The U.S. dollar edged higher in early European trade Friday, trading at a two-year high and underpinned by the likelihood of sharp rises in interest rates by the Federal Reserve. At 4:05 AM ET (0805 GMT), the Dollar Index, which tracks the greenback...

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canadian dollar

Canadian dollar hits 2-month low as Russia attacks Ukraine

USD/CAD is trading up 0.04% at 1.2817 The Canadian dollar weakened to its lowest level since December against its U.S. counterpart on Thursday as Russia’s invasion of Ukraine triggered a flight to safety in global financial markets. Stock markets globally slumped and the safe-haven U.S. dollar rallied after the...

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