Loonie rises on renewed demand for commodity currencies

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
Canada's currency advanced for the first time in 4 days versus the greenback as risk-on sentiment renewed demand for commodity currencies. The Loonie strengthened 0.9% to 97.80 cents per U.S counterpart, after falling 0.6% yesterday. One Canada's Dollar buys $1.0225. Investor risk appetite renewed as Spain retained its credit rating from Moody's Investors Service. 
Back to articles

Actual Topics

Thu, 18 Oct 2012 06:38:27 GMT

Aussie advances on positive signs of China's economy

Australia's Dollar reached the strongest level in 2 weeks after data from China showed signs of stabilizing economy, brightening the outlook for exporters of the Pacific nation. The Aussie Dollar touched $1.0397, the highest level since October 1, before trading at $1.0388. It gained 0.3% to 82.20 yen. The New Zealand traded at 82.17 U.S. cents and gained 0.3% to

Thu, 18 Oct 2012 06:06:27 GMT

Yen falls to 1-month low on Euro optimism

The Japanese Yen fell to a one-month low as Asian stock gained and optimism EU leaders meeting in Brussels will take measures to solve the Eurozone's crisis curtailed demand for haven assets. The Yen fetched 79.22 per U.S. Dollar, the weakest level since September 19, before reaching 79.13 per greenback. Japan's currency traded at 103.62 per Euro, after reaching 103.85

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.