The Canadian dollar recovers from a four-week low as investors assess US inflation data. On Tuesday, the Canadian dollar edged higher against the US dollar, recovering from its lowest level in nearly four weeks, as oil prices rose and US…
Continue ReadingSterling falls against the euro following the release of ECB minutes. Sterling fell against a stronger euro on Thursday, as the minutes of the European Central Bank's March meeting were more hawkish than expected. At their March 10 meeting, ECB…
Continue ReadingRomania's central bank raises the key interest rate to 3%, predicting higher inflation. On Tuesday, Romania's central bank raised its benchmark interest rate by half a percentage point to 3%, predicting that inflation would rise faster than expected due to…
Continue ReadingToronto index set for best monthly gain in five On Thursday, Canada's commodity-heavy main stock index set a new high and was on track for its best monthly performance in five years, as gold prices rose, lifting precious metal miners.…
Continue ReadingEuropean Forex news roundup: Dollar weakens, pound rises alongside BOE The market had some mixed tones in the session as we continue to digest the post-Fed sentiment, while Russia-Ukraine talks are also ongoing. The dollar has yet to really take…
Continue Reading
