Loonie advances most in 12 months

Source: Bloomberg
© Scanpix/Agence France-Presse
The Loonie appreciated the most in almost 12 months against its U.S. counterpart as the Bank of Canada Governor Stephen Poloz said in his first statement that the increase in rates will be supported by economic growth. The Canada's currency advanced 0.8% to C$1.0264 per U.S. Dollar as of 5 p.m. Toronto time after rising 1.4%, the most in almost 12 months.
Back to articles

Actual Topics

Fri, 07 Jun 2013 08:27:06 GMT

China's shares fell amid concerns over growth and liquidity

Chinese stocks fell today for 7th day in a row, which might be the first weekly drop since April 26. The decline was caused by concerns about tighter liquidity and slowing economic activity as economists predict that the data will show slower export growth tomorrow. The Shanghai Composite Index slid 1%, while the CSI 300 Index dropped 1.3%.

Fri, 07 Jun 2013 08:03:11 GMT

Japanese shares ease before U.S. jobs data

The U.S. Dollar dropped 0.5% against the Yen to 96.44 from 97.52 earlier today and Japanese stocks sank before today's non-farm employment change and unemployment rate data releases in the U.S, which might shed light on the future of Fed's monetary easing. Nikkei 225 index shrank 1.9%, while Topix fell 2.4%. Economists expect the U.S. unemployment to stay at 7.5%

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.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.