Loonie advances versus Greenback as Obama signs deal

Source: Bloomberg
The Canadian currency increased on Thursday gaining to the strongest level in a week as demand for riskier assets rose after the U.S. President Barack Obama and House Republicans reached a deal avoiding technical default. The so-called Loonie added 0.5% to C$1.0328 per U.S. Dollar as of 5:01 p.m. Toronto time, the most since October 8.

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Thu, 17 Oct 2013 10:46:05 GMT

Greenback falls from 3-week high

The U.S. Dollar decreased on Thursday falling from the highest level in three weeks against the Japanese Yen after the pair reached the so-called technical resistance and as political uncertainty persisted after the short-term debt deal passed by U.S. Congress. The Greenback fell 0.3% to 98.50 yen by 6:39 a.m. London time following an increase to 99.01, the highest since

Thu, 17 Oct 2013 10:24:04 GMT

Gold falls on U.S. debt limit deal

Gold decreased on Thursday falling for the first time in a four-day period as a deadlock in the U.S. came to an end as President Barack Obama and Congress representatives agreed on the new federal ceiling damping haven assets demand. Bullion for delivery in October dropped 0.5% to $1,275.95 an ounce after it was traded at $1,278.6 by 2:11 p.m.

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