Canadian dollar hit December-low

Source: Bloomberg

On Tuesday loonie depreciated against greenback after the Federal Reserve announced it will not change benchmark interest rate to support US dollar. Canadian dollar fell 0.7% reaching C$1.0343 per US dollar, the lowest figure since November 30. Lonnie appreciated 0.5% against euro. Currently USD/CAD is trading at 1.0339 while EUR/CAD is trading at C$1.3476.

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Wed, 14 Dec 2011 08:27:10 GMT

Crude oil futures decline after gains on the Iranian issue

Crude oil futures were rising rapidly on the growing threats that Iran, one of the man oil exporters, might disrupt operations due to western economies opposition to its nuclear program. However, on Wednesday light, sweet crude oil started to decline. On the New York Mercantile Exchange, crude futures for January delivery traded at USD99.88 a barrel at the Asian morning trade, edging down 0.26% since

Wed, 14 Dec 2011 10:15:57 GMT

Australian and New Zealand Dollars are close to 2-week lows

Aussie and Kiwi traded 0.5% from 2-week record low against their US peer as worries European debt turmoil may cause national downgrades undermined need for less secure assets. Australian Dollar traded at $1.0023 on Wednesday's Sydney trade while New Zealand Dollar dropped to $0.7541. AUD/USD currently is trading at $1.0018 while NZD/USD is trading at $0.7563.

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