The Canadian dollar has been struggling this past week, experiencing difficulties as economic data has been in doubt. Additionally, the loonie was briefly used as a funding currency for carry trades with the Aussie and the kiwi. Now, though, things are changing a bit.

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Euro is heading higher today, ready to lock in a weekly gain. After a bit of a choppy beginning to the week, euro is ready to go out with gains, ending two weeks of losses against the US dollar.

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The Great Britain pound regained its strength today after yesterday’s decline as Forex traders looked at the Bank of England bonds purchasing program more favorably, regaining confidence in Britain’s currency.(...)
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The Australian and New Zealand currencies gained today, heading to weekly gain, as stocks rallied after the central banks of the European Union and Great Britain made efforts to stimulate economies of their nations.(...)
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The US dollar index is lower as the US session comes to a close. Risk appetite has put in an appearance today, and forex traders are looking for better yields and moving away from safe havens.

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Read the rest of Dollar Index Falls as Risk Appetite Makes an Appearance (171 words)