Canadian dollar appreciates for the fourth day in a row

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Source: Bloomberg
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Canada's dollar gained against US dollar for the fourth consecutive day, as US reported a surge in American customer confidence. An increase in oil prices also fuelled the escalation of the so-called loonie. Canadian national currency climbed 0.2% on Tuesday reaching C$1.0321 per one US dollar in Toronto trading session. Despite the recent appreciation, Canadian dollar has weakened 3.2% on a yearly basis. The CAD/USD currently is trading at C$ 1.0351.

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Wed, 30 Nov 2011 08:46:10 GMT

Kiwi and Aussie hit the one-week high but retreat later

The New Zealand and Australian Dollars reached the week record high against their US peer after European Finance Ministers reached an agreement how to extend EFSF bailout firepower and said to provide more details on December 9. However, both currencies offset gains as Asian stock markets escalated a drop. Kiwi fell from $0.7610 to $0. 7606 while Aussie dropped to $0.9978 after hitting $1.0087. NZD/USD currently

Wed, 30 Nov 2011 08:44:38 GMT

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