Canadian Dollar stronger on ECB second loan round

Note: This section contains information in English only.
Source: Bloomberg
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Canadian currency appreciated for the second consecutive day, reaching weekly record as ECB loan program lessened demand for US Dollar. Loonie gained 0.4% to CAD 0.9953 in Toronto session. On year to day basis Canadian Dollar has climbed 2.6%. Currently USD/CAD is trading at CAD 0.9936.
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Wed, 29 Feb 2012 09:12:09 GMT

Germany's CPI increases more than expected this month

German CPI increased more than initially expected in February, according to German Federal Statists Bureau data. The CPI increased by 0.7% this month as compared to a 0.4% fall in January. Analysts predicted the indicator to add 0.5% in February. Considering yearly changes, the CPI rose by 2.3% this month, confronting the expectations of a 2.1% gain.

Wed, 29 Feb 2012 08:22:38 GMT

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