The Canadian dollar fell against most major rivals after an aggressive step taken by the Bank of Canada today. The Bank of Canada today announced an interest rate cut of 50 basis points to 3.75% as expected. The BOC expects the global economy to expand by 3% in the next two years, and for the US economic growth to be...

The Japanese yen rose in European trade on Friday away from three-month lows against the US dollar, amid active short-covering, while US 10-year treasury yields slowed down. Despite the gains today, the yen is still heading for a weekly loss, ahead of the Japanese parliamentary elections during the weekend, with opinion polls indicating the governing LDP could lose its majority....

The US dollar fell in European trade on Thursday against a basket of major rivals away from three-month highs, on track for the first loss in four days amid active profit-taking as US 10-year treasury yields stall. Now investors await a batch of important US data later today that will shed light on the health of the US economy in...

Euro rose in European trade on Friday against a basket of major rivals, moving in a positive zone for the second day against the dollar and edging away from recent 3-⅕ month lows, following strong German data. Despite the gains, the euro is still heading for the fourth weekly loss in a row amid concerns about the interest rate gap...