Canadian currency tumbles on Friday amid Greek worries

Source: Bloomberg
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Canadian Dollar depreciated sharply against its US peer on Friday as investors curbed their demand for higher yielding assets on fresh Greece worries. Loonie dropped 0.8% against greenback to CAD 1.0014 on Toronto evening session. Currently USD/CAD is trading at CAD 0.9984.
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Mon, 13 Feb 2012 14:21:54 GMT

FTSE 100 index rallies on Greek vote

After a sharp decline on Friday, British FTSE 100 index rebounded on Monday, climbing 1%, helped by financial and resource shares as investors digested news about parliamentary approval of Greece austerity plan. HSBC Holdings PLC added 1.3% and Barclays PLC gained 2%. Among resource shares Antofagasta PLC jumped 3.7%, while Rio Tinto PLC advanced 2.6%. Drug markers also contributed to

Mon, 13 Feb 2012 13:03:28 GMT

Switzerland import and producer prices declined in January

Swiss producer and import prices fell in January as appreciating Switzerland's currency and weaker demand from Euro Zone drove costs down, said Swiss Federal Statistics Office on Monday. The index, which estimates producer and import prices, dropped 2.4% in January. Economists earlier predicted a decline of 2.1%. 

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