Canadian Dollar declined third day amid easing speculation as Fed meets

Source: Bloomberg
© Scanpix\AFP
Canada's Dollar remained weak for the third day in a row against its U.S. counterpart on speculation the Federal Reserve may show when it is going to start reducing asset purchases in the U.S. The Canadian currency depreciated 0.3% to C$1.0212 versus the greenback, while the futures on crude oil climbed 0.9% to $98.65 per barrel. 
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Wed, 19 Jun 2013 06:55:08 GMT

Australian Dollar drops a fourth day against U.S. Dollar as FOMC meets

Australia's currency prolonged losses for the fourth day versus the U.S. Dollar before the Federal Reserve holds the final meeting today. The Aussie contracted 0.1% to 94.76 against the greenback after falling 0.6% yesterday, adding to signs the currency has retreated 9.9 % in the previous three months, the biggest decline among its 10 developed-market peers.

Wed, 19 Jun 2013 06:29:10 GMT

U.S. Dollar higher against Japan's Yen ahead of Bernanke comments

The U.S. Dollar remained higher for the second day against the Japan's Yen on bets the Federal Reserve Chairman Ben Bernanke will provide more signals on when U.S. officials will begin to scale back bond purchases. The greenback appreciated 0.1% to 95.42 versus the Yen and was at $1.3387 against the common currency.

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