Invesco CurrencyShares Canadian Dollar Trust
Have We Seen a Short-Term Bottom for the Dollar?
The US Dollar Index (UUP) managed to close in positive territory in the week ended February 8, 2018, after posting seven consecutive weekly losses.
Will the US Dollar Index Strengthen before the FOMC Statement?
Asian currencies traded lower against the dollar ahead of the FOMC statement. The US dollar-Japanese yen currency pair rose by 0.80% at 6:00 AM EST on July 27.
Will Yellen’s Hawkishness Drive the US Dollar Higher?
The US Dollar Index (UUP) closed at 95.79 with a rise of 0.39% last week. This rise was a welcome relief for the dollar.
Sharp Fall in Crude Oil Price Dictate the Currencies Markets
Looking at the performance of the major commodity-driven currencies on July 25, the Nigerian naira was the biggest casualty.
US Dollar Is Dominating the Forex Markets
The US Dollar Index (UUP) managed a sharp recovery last week. The appreciation seemed to be due to tariff announcements.
What’s Driving the US Dollar Higher?
The US Dollar Index (UUP) continued to appreciate but did so slowly in the week that ended on May 25.
Can the US Dollar Continue to Surge Higher?
Last week, the US dollar index bounced back from a minor pullback in the week ended May 11, aided by the rise of bond yields.
What Drove the US Dollar Lower Last Week
The US dollar index (UUP) took a breather last week, closing at 92.44, 0.03% higher than its close of 92.41 in the week ended May 4.
Dollar Bears Under Pressure as Short Squeeze Continues
In April, the US dollar index posted one of its best monthly gains (2.0%) since November 2016, and it looks set to continue with the trend this month.
Why Did the US Dollar Appreciate with Bond Yields?
The US dollar index saw one of the best weeks in over a year as the US dollar surged past many major currencies.
US Dollar Falls after Trump Comments on April 16
The US dollar (UUP) came under pressure after Donald Trump fired off a tweet about Russia and China on Monday.
Why the US Dollar Could Gain This Week
According to Reuters’ calculations, the US dollar’s net short positions decreased to -$11.5 billion compared to -$11.3 billion in the previous week.
Equity Market Rout Stalled: Will US Dollar Resume Its Slide?
The US Dollar Index, whose slide had been stalled in the past two weeks, saw losses as markets recovered last week.
What’s Boosted the US Dollar
US dollar posts second consecutive weekly gain Last week, the US dollar index, which has seen continuous declines in the last two months, managed to close in positive territory for a second consecutive week. Increased demand for safe-haven assets during the recent equity market rout boosted demand for the US dollar in foreign exchange markets. In […]
How the US Dollar Could React to a US Government Shutdown
According to the January 19 Commitment of Traders report, released by the Chicago Futures Trading Commission, large speculators have turned bearish on the US dollar.
Why the US Dollar Is Losing Its Appeal
The US Dollar Index (UUP) continued its decline, posting a fourth consecutive weekly loss during the week ended January 12.
Why the US Dollar Began 2018 with Losses
The US Dollar index (UUP) began 2018 on a negative note, posting losses against most of the major currencies.
How Could the US Dollar Fare in 2018?
The US dollar’s long-term outlook looks marginally better in 2018 than in 2017.
Can the US Dollar Gain Back Lost Ground This Week?
The US Dollar index (UUP) failed to capitalize last week on the optimism from Congress passing the US tax reform bill.
Why the US Dollar Resisted the Fed’s Latest Rate Hike
According to Reuters, the US dollar (USDU) net short positions increased to ~-$7.8 billion during the week ended December 15 compared to ~-$4.3 billion in the previous week.
Will the US Dollar Surge Higher after FOMC Meeting?
The US Dollar Index (UUP) continued its ascent against the other major currencies as investors positioned for a rate hike from the Fed and reacted to the increased possibility of tax reforms by the end of this year.
Will the US Dollar Surge on Tax Reform News?
The US Dollar Index (UUP) managed to close the week ending December 1 in positive territory with a gain of 0.14%.
Reasons behind a 3rd Weekly Loss for the US Dollar
The US Dollar Index (UUP) had another bad week as traders offloaded long dollar positions amid tax reform uncertainty last week.
Could US Dollar Recover This Week?
The US Dollar Index (UUP) continued to struggle as the fate of US tax reform remains uncertain.
Will US Dollar Survive Tax Reform Uncertainty?
The US Dollar Index (UUP) lost steam last week after posting three consecutive weekly gains.
US Dollar Survived Dovish FOMC Statement, Lackluster Jobs Report
The US dollar index (UUP) remained supported last week despite a dovish FOMC statement and a lower-than-expected rise in monthly non-farm payrolls.
How the US Dollar Could React to November FOMC Meeting
The US Dollar Index (UUP) continued its ascent last week.
What to Expect from the US Dollar This Week
The US Dollar Index (UUP) has bounced back from the shallow low that it saw the previous week.
Has the US Dollar Rally Ended for Now?
The US Dollar Index (UUP) turned lower again in last week after a surprise rally following the October jobs report on October 6.
Are Investors Positioning for a US Dollar Rally?
The US Dollar Index (UUP) closed at 93.64 last week, a gain of 0.82% and the fourth consecutive weekly rise. The dollar didn’t react to a loss of 33,000 jobs in September.
Why Speculators Continue to Bet against the US Dollar
The US Dollar Index (UUP) continued its rally last week, closing at 92.88 and posting a gain of 0.99% for the week.
Would Markets Be Prepared for a Central Bank Surprise?
Three central banks on a path to tightening After years of ultra-loose monetary policy, global markets are beginning to realize they may have to wave goodbye to easy money. In their efforts to save the global system from the 2007 financial crisis, and to revive economic growth, US, EU, UK, and Japanese central banks resorted […]
Why the US Dollar Failed to Rally despite Increased Rate Hike Odds
The US Dollar Index (UUP) failed to rally aggressively despite a hawkish surprise from the US Fed.
Why the US Dollar Saw a Sharp Rebound
The US Dollar Index (UUP) witnessed a sharp recovery last week, rebounding from a two-year low of 91.0.
Why the US Dollar Could Be Poised for Further Losses
The US Dollar Index (UUP) failed to hold onto its gains from the previous week as investors were convinced that the Fed most likely wouldn’t make any changes to its monetary policy this year.
How to Make Sense of the US Dollar Rebound
The US Dollar Index (UUP) surprised the markets with its resilience despite a weak August jobs report.
Is the US Dollar Dying a Slow Death?
The US Dollar Index closed the week ending August 25 at 92.68—compared to 93.36 in the previous week.
Will the US Dollar Turn Around after Jackson Hole Symposium?
The US Dollar Index (UUP) managed to recover some of the losses it saw in the last few weeks.
Will the US Dollar Gain or Lose This Week?
The US Dollar Index (UUP) struggled in the previous week as geopolitical tensions dominated markets across the globe.
The US Dollar Seeks Another Rebound This Week
US inflation is expected to rise 1.7%, and any positive surprise could propel the US dollar higher by the end of next week.
What to Expect from the US Dollar
The US Dollar Index (UUP) continued to slide in the previous week due to the FOMC’s dovish statement and weaker-than-expected economic data.
This Is Why the US Dollar Could Slide Further
US Dollar index reaches a 14-month low The US Dollar Index (UUP) continued with its fall as investors preferred major peers. In the week ended July 21, the US Dollar Index closed at 93.78, falling 1.7% from the week prior. It is headed for its fifth consecutive month of loss this year. Conflicting news from […]
Have Yellen and US Economy Failed the US Dollar?
The US Dollar Index (UUP) closed at 94.9, depreciating by 0.90% last week.
What’s Dragging the Dollar Down?
The US dollar (UUP) index had another tight range-bound week this summer.
Will Rising Fed Fund Rate Propel the US Dollar Higher?
The US dollar (UUP) index continued to be confined to a range with the US Dollar Index closing for the week at 97.5, a change of 0.09% as compared to last week’s close of 97.2.
Will the US Dollar Rally before the FOMC Meeting?
The dollar managed to turn around from lower levels last week as risks from former FBI Director James Comey’s testimony and the ECB’s policy statement subsided.
How the Weak Jobs Data Could Spell Doom for the US Dollar
The US dollar came into focus after the weak US jobs data on June 2. The payroll data was a negative surprise, with only 138,000 jobs being added in May.
What the Falling US Dollar Could Indicate for Investors
The US dollar (UUP) has continued to lose its value with respect to its trading partners. The US Dollar Index fell 1.6% in the week ended May 26, 2017.
Is the US Dollar the Only Positive for US Economy Right Now?
The US dollar (UUP) continued to trend lower against its trading partners with the US Dollar Index (DXY) losing 2.1% in the week ending May 19, 2017.
Why Did Canada’s Manufacturing PMI Improve in October?
Canada’s manufacturing PMI (purchasing managers’ index) stood at 51.1 in October 2016, as compared to 50.3 in September, and met the market estimate of 51.
Euro and Pound Move in Opposite Directions before the ECB Meeting
On July 20, the euro-US dollar pair was trading range bound around the 1.10 handle. The pair ended the day on a flat note with a slight fall of 0.06%.
Major Takeaways from the Bank of Canada’s Monetary Policy
The Bank of Canada decided to keep the interest rates unchanged at 0.5% after the monetary policy meeting on July 13.
Euro Is Trading Unusually Flat: Is a Breakout in the Cards?
The euro-US dollar currency pair has been trading on a flat note since July 6, 2012. It continued the flat trajectory on July 12.
Canadian Retail Sales Soared and Inflation Ticked Up
For December, consumer inflation rose by 1.6%—compared to growth expectations of 1.7% on an annual basis. It rose by 1.4% in the previous month.
The Canadian Dollar Rallies Higher from 13-Year Lows
Crude oil is Canada’s primary export and the slump weighed negatively on the Canadian dollar. Crude prices fell by more than 20% since the beginning of 2016.
Canadian Dollar Fell for the 11th Straight Trading Day
The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It was on a positive bias on January 15, 2016.
Should the Canadian Dollar Expect a Gloomy Future?
The Canadian dollar had the biggest slump of the major currencies in 2015 as it lost nearly 15% of its value against the major currencies like the US Dollar, hitting a 12-year low.
Canadian Dollar Rose Due to Strong Retail Sales Numbers
The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It fell by 0.47% on December 23, 2015.
Canadian Dollar Fell to an 11-Year Low
The US dollar-Canadian dollar currency pair is inversely related to the Canadian dollar. It rose by 0.2% on December 18. The pair rose by 1.1% the previous day.
Canadian Dollar Fell despite Strong Domestic Data
The Canadian dollar fell against the US dollar on November 6, 2015. The US Dollar Index was trading stronger than the basket of currencies.
Canadian Dollar Rallies as Interest Rates Remain Flat at 0.5%
The US dollar to Canadian dollar (USD/CAD) moved to 1.326 on the back of speculation that the Bank of Canada could go for another rate cut.