Earlier today, the USD Index extended losses and slipped under the May 11 low as uncertainty around the next U.S. rate hike continued to weigh on the U.S. currency. Thanks to these circumstances, USD/CAD broke under 1.2700. How low could the exchange rate go in the coming days?

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Earlier today, official data showed that German industrial production rose by 0.8% in Apr, beating analysts’ expectation, which pushed the euro slightly higher against the greenback. But did this increase change anything in the overall picture of EUR/USD?

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Earlier today, the USD Index approached Friday’s lows as a poor payrolls report (it was the weakest reading in more than 5-1/2 years) continued to weigh on investors’ sentiment. What impact did this price action have on our six currency pairs?

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Although the USD Index moved slightly lower earlier today, the greenback remains around two-month highs against other major currencies as expectations for a rate hike in the coming month continued to support the U.S. currency. How did this situation affect our six currency pairs?

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Earlier today, the USD Index rebounded and climbed above 95.30 as investors awaiting a speech by Federal Reserve Chair Janet Yellen later in the day. As a result, USD/CAD came back above the barrier of 1.3000, invalidating earlier breakdown. Is it enough to trigger further improvement?

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