Canadian Dollar lower amid falling oil, stronger Dollar

Note: This section contains information in English only.
Source: WBP Online
The Loonie was under pressure from the US Dollar on Friday, as trader focal point was on the possible rate hike in September. The Greenback rose 0.25% to 1.3031 against the Canadian Dollar by 8:10 AM GMT.  Moreover, the Loonie was further pressured by the slipping oil prices that traded below the important $48 a barrel level. In addition, the recent selloff in commodities has weakened the Canadian currency. 
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Fri, 31 Jul 2015 11:19:27 GMT

Kiwi posts losses as business confidence in New Zealand declines

The New Zealand Dollar dropped on Friday, following the fall in the ANZ business outlook indicator and the negative sentiment in the local private sector. The NZD/USD pair dipped 0.7% to $0.655 by 08:12 AM GMT. Meanwhile, the RNBZ sees positive moments in the depreciation of the Kiwi, as it believes that the weak local currency could support the economy

Fri, 31 Jul 2015 11:41:04 GMT

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