Canadian Dollar drops against most counterparts as RBA signals rate cut

Source: Bloomberg
© Scanpix\AFP
The Canada's Dollar retreated versus the majority of it counterparts after the central banks of Australia and New Zealand provided signs that steps may be taken to reduce the value of their currencies. The Canadian Dollar weakened 0.4% to C$1.0390 versus the U.S. Dollar at 8:34 a.m., the currency reached C$1.0402, the lowest level since August 8.
Back to articles

Actual Topics

Tue, 20 Aug 2013 16:33:09 GMT

U.S. stocks mostly gain before Fed; DJ stayed at 6-week low

U.S. shares advanced, excluding the Dow Jones, following better-than-forecast earnings data, while the Fed stimulus tapering worries continue in the background. The Standard & Poor's 500 advanced 0.22% to 1,649.69 and the Dow Jones Industrial Average dropped 0.02% to 15,007.94, while the Nasdaq Composite inched up 0.30% to 3,599.93.

Tue, 20 Aug 2013 14:25:06 GMT

Crude oil futures decline as Fed stimulus uncertainty weighs

Crude oil prices declined in the European afternoon trading session as investor concerns rose before the Fed meeting minutes on Wednesday. North American crude declined 1.28% to $105.49 per barrel, at the same time Brent crude decreased 0.78% to $109.05 per barrel, adding to signs U.S. investment bank Goldman Sachs said that Brent may increase above $115 per barrel in

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.