Loonie edges lower on US growth concern

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank SA
Canadian currency weakened versus its major peers on Wednesday boosted by concerns over the future expansion of its main trading partner's US economy. Loonie fell 0.4% versus greenback to CAD 1.0303 after data showed US retail sales contracted in May, a second straight month. 
Back to articles

Actual Topics

Thu, 14 Jun 2012 07:03:44 GMT

Dollar stays slightly lower versus Euro ahead of CPI report

US Dollar traded modestly lower versus common currency on Thursday as nation's May retail sales declined and investors awaited for CPI report which is predicted to show that consumer prices also fell in May boosting the case for Fed to consider further stimulus. The greenback traded versus Euro at USD 1.2571 in Asian trade. Currently EUR/USD is trading at USD

Thu, 14 Jun 2012 06:41:44 GMT

Credit Suisse predicts weaker China growth

Credit Suisse Group lowered its outlook for China's economic growth for 2012 to 7.7% citing diminishing corporate net income and slowing investments. Credit Suisse predicted also further years for world's second biggest economy to be weaker in terms of growth. China's equities traded lower as Deutsche Bank also reduced forecast for the country's economy. 

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.