Loonie stays flat on speculation BoC may cut rates

Source: Reuters
The Canadian Dollar remained mostly flat on Thursday trading session after slightly rebounding in the previous session amid speculation that the Bank of Canada may take action in its monetary policy cutting the interest rates as the country reported weak domestic data. The so-called Loonie traded at C$1.0963 per U.S. Dollar, close to the lowest level in four years at C$1.0992 hit yesterday.
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Thu, 16 Jan 2014 07:44:18 GMT

Japan's core machinery orders jump in November

Core machinery orders in the Asian second largest economy climbed to the highest level in five years in November suggesting that local companies may raise wages and increase investments in the region, a report published by the Bank of Japan showed on Thursday. According to the report, Japan's core machinery orders rose 9.3% in November compared to a level of

Thu, 16 Jan 2014 07:22:03 GMT

Aussie falls against U.S. Dollar on weak job data

The Australian currency declined on Thursday trading session falling towards the lowest level against the U.S. Dollar since August 2010 on speculation that the Reserve Bank of Australian may cut interest rates further after a report showed that employers decreased jobs in December. The so-called Aussie slipped 1% to $0.8797, the least in almost 3 ½ years.

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