Loonie falls on speculation Fed will reduce stimulus

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix Reuters
The Canadian Dollar dropped 0.2% against the greenback, thus reaching the lowest level in more than two-month time, on bets that the Federal Reserve is going to reduce the stimulus measures, which have helped to support world economy. The loonie has tumbled 3.8% in the last six months, thus having the third worst performance among 10 major peers. 
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Wed, 13 Nov 2013 10:44:04 GMT

Sterling weakens as inflation falls

The Sterling dropped 0.3% versus the U.S. currency, thus reaching the weakest level in two-months, after the U.K. government reported slower inflation of 2.2%, which is the lowest level in a year. The inflation has retreated 0.5% from previous month, thus almost reaching 2% mark at which the policy makers might increase interest rate.

Wed, 13 Nov 2013 10:22:05 GMT

Euro drops before report on factory output

The Euro stops its three-day winning streak against the Japanese Yen, before the European Union's statistics office report on factory output and growth. It is forecasted that the factory production in the Eurozone is going to decrease 0.3% and the economy will expand only 0.1% in September, thus adding bets that the European Central Bank is going to carry out

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