Canadian Dollar at weekly high

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar reached its highest level during the last week after the released economic data. Retail sales added 0.7% to C$42 billion from a record rise in automobile purchases. CAD/USD went up 0.3% to 1.0711, the biggest since July 18. The Canadian Dollar has been fluctuating between a four and a half year low and a six-month high during 2014 amid the speculations on when the Bank of Canada would raise interest rates.

Back to articles

Actual Topics

Thu, 24 Jul 2014 10:36:11 GMT

Gold under $1,300

Gold reached its lowest level in the last week as an increase in equities faltered demand for alternative investments. Immediate delivery dropped 0.7% to $1,294.98 an ounce, the lowest level since July 16. Goldman Sachs Group Inc. expressed an expectation of gold reaching $1,050 by the end of the year as the growth of the U.S. economy accelerates.  

Thu, 24 Jul 2014 09:56:08 GMT

Growth in Chinese provinces accelerates

Most of China's provinces reported boost in the economic growth in the second quarter of the year. Twenty out of twenty five entities that experienced growth in the beginning of the year indicated a pickup. Nationwide the first-quarter and the first-half figures were even at 7.4%, whereas expansion was 0.1% quicker in the second quarter. 

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Chcete-li se dozvědět více o platformě Dukascopy Bank CFD / Forex, SWFX a dalších souvisejících obchodních informacích, prosím, zavolejte nám, nebo vám můžeme zavolat my.
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.