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Volatility continues to define equity markets as the Dow Jones Industrial Average has given up some of its gains heading into the afternoon. This follows relatively in line third quarter U.S. GDP data and weekly jobless claims released earlier in the morning.
The Dow Jones Industrial Average is up 96 points to 9087, the S&P 500 [...]

Following the release of data from Canada and the U.S., the loonie is trending lower against its south-of-the-border counterpart after reaching a one-week high earlier on Thursday morning.
The advance U.S. GDP report came in slightly better than expected for the third quarter of 2008, contracting by 0.3% against expectations for a 0.5% decline. In addition, [...]

Risk appetite continues to grow at the North American open as equities hold on to their gains following in line U.S. advance third quarter GDP and weekly jobless claims.
The advance U.S. GDP report came in slightly better than expected for the third quarter of 2008, contracting by 0.3% against expectations of a 0.5% decline, according [...]

Mostly in line third quarter GDP and weekly jobless claims data out of the U.S. Thursday morning provided a bit of a boost to the U.S. dollar, though it still remains lower against most majors.
The advance U.S. GDP report came in slightly better than expected for the third quarter of 2008, contracting by 0.3% against [...]

While the euro is mixed against major foreign currencies on Thursday, it is up significantly against the U.S. dollar following a rally sparked overnight at the start of the Japanese equity open.
“Through Asian trade a powerful rally in equities gathered pace leaving local markets roughly 10% higher, European markets 1-3% higher and US stock futures [...]

Australian dollar hit a one-week high above 66 cents against the U.S. dollar after Reserve Bank of Australia’s (RBA) Deputy Governor Ric Battellino gave a positive speech on the outlook for the domestic economy.
Su-Lin Ong, economist with RBC Capital Markets said the speech was buoyant for the Australian dollar, with Battellino saying there was “no [...]

A 50 basis point cut from the Federal Reserve led to a rollercoaster ride for equities in the final minutes of trading. Markets were unable to hold onto earlier gains and closed in modestly negative territory after negative comments from General Electric added to pessimism about the outlook for the US Economy.
The Dow Jones Industrial [...]

Despite the Federal Open Market Committee’s rate cut on Wednesday, the Canadian dollar is falling from session highs against the U.S. dollar.
The Federal Reserve announced Wednesday that it unanimously voted to cut the Federal funds target rate by 50 bps, as was widely expected, to 1.00%. The accompanying statement said economic activity had decreased markedly [...]

With an expected Federal Reserve cut looming, the U.S. dollar is promptly selling off against all major foreign currencies on Wednesday.
Expectations are for a 50bp cut to 1.00%. However, Fed fund futures are currently pricing in a 50% chance of a 75bp cut.
Regarding USD crosses, the euro is up 0.0230 to 1.2912 against the greenback, [...]