Canadian dollar is gaining strength for the first time in days as some of the fear over the eurozone dissipates. Loonie has been struggling, in spite of relatively sound fundamentals, on sentiment related to the eurozone.

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US dollar is lower as markets take a breather, showing signs of optimism after a tense couple of days. Stocks in Europe are still struggling, but US stock futures are in the black, hopeful on positive US economic data.

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The euro fluctuated today, erasing its previous gains and heading to the lowest level in five weeks, after Spain’s debt auction and the warning by Fitch Ratings about the impact of the European crisis on US banks.(...)
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The Australian dollar pared its yesterday’s decline, but the outlook for the currency is still rather pessimistic. The Australian currency extended its yesterday’s fall against the euro.(...)
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The Chilean peso went down today even as the nation’s central bank refrained from decreasing interest rates amid concerns about impact of the European crisis on the global economy.(...)
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