Loonie is appreciating

Note: This section contains information in English only.
Source: Reuters
Canada's national currency hit its six-week high against its US counterpart on the 3rd of July. The current trading rate is CAD 1.0161 per USD whereas on 29.06.2012 the rate was CAD 1.0181 per USD. Canadian government bonds also gained in price. Two-year government bonds advanced by 5 Canadian cents, leading to drop of yields to 1.006%, while ten-year bonds rose by 32 cents, having a yield of 1.703%. Such changes are mainly determined by general expectation of risk-off trade supported by the stimulating government policies.
Back to articles

Actual Topics

Wed, 04 Jul 2012 06:18:38 GMT

Australian retail sales surged more than predicted in May

Retail sales in Australia accelerated more than expected in May lifted by elevated spending in department stores and restaurants. On monthly basis sales added 0.5% to AUD 21.3 billion in May, Bureau of Statistics reported on Wednesday. Analysts questioned by Bloomberg predicted a 0.2% gain. 

Tue, 03 Jul 2012 14:54:34 GMT

Average wages decline in Japan

Monthly income per one employee in Japan decreased by 0.8% in May 2012 after a slight rise of 0.2% in April. The main reason for drop was annual fall of 39.9% in bonuses and one-off payments. Meanwhile base wage rose by 0.4% in May, whereas overtime payments increased by 6.4% through the year. Moreover total working hours expanded 3.2% year-on-year

Subscribe to "Fundamental Analysis" feed

Souscrire
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.