Loonie falls against U.S. Dollar as Canada's GDP eases

Source: Bloomberg
The Canadian currency declined on Friday falling to the lowest level versus its most-traded peer, U.S. Dollar, before a government report showed that the gross domestic product of the country eased to 0.2% in September. The so-called Loonie traded at C$1.0581 per U.S. Dollar by 8:08 a.m. Toronto time following a drop to the weakest level since July at C$1.0603.

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Fri, 29 Nov 2013 17:24:03 GMT

Gold drops on signs of physical purchases

Gold traded in New York increased on Friday reducing the largest monthly fall since June amid speculation that the Federal Reserve may curb its stimulus program on signs of gold physical purchases. Bullion for delivery in February advanced 1.1% to $1,252.10 as of 7:45 a.m. on the New York's Comex and it dropped 5.4% this month.

Fri, 29 Nov 2013 16:51:06 GMT

Pound rises versus U.S. Dollar amid mortgage approvals

The British Sterling strengthened on Friday and was poised to record its fourth successive week of gains against the U.S. Dollar after a government report showed that mortgage approvals in the United Kingdome reached six-year high last month. The Pound fluctuated at $1.6343 by 1:15 p.m. in London following an increase to $1.6374, the most since January 2.

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