Loonie depreciates on bets Fed won't stop tapering

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
The Canada's Dollar declined versus the majority of its main trading peers on speculation that below-expectations U.S. jobs data will not change the Federal Reserve plans to scale back monetary stimulus. The currency fell 0.3% to C$1.0373 per greenback as of 10:54 a.m. Toronto time. Unemployment rate of the U.S. Dropped from 7.6% to 7.4% in July.
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Fri, 02 Aug 2013 17:16:12 GMT

U.S. stocks continue falling

U.S. stocks continued to drop from the record-highs reached on Thursday as disappointing U.S. manufacturing and non-farm payrolls data boosted bearish mood among investors. The Standard & Poor's 500 gauge lost 0.19% to 1,703.63 at 11:29 a.m. GMT, while Nasdaq Composite declined 0.08% to 3,672.90. The Dow Average was down 0.25% to 15,589.00

Fri, 02 Aug 2013 16:54:09 GMT

Forint gains after eight-day fall on disappointing U.S. data

Hungarian Forint advanced after weaker-than-expected U.S. payroll data boosted speculation the Federal Reserve may not hurry with reduction of bond purchases. The Hungary's currency added 0.6% to 298.97 per Euro at 4:10 p.m. in Budapest, the first increase in nine consecutive days. Forint lost 1.4% in July due to government's plan to phase out mortgages in foreign currencies.

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