Loonie appreciates as central bank signals growth

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Source: Bloomberg
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Canadian dollar rose second day in a row  against its US peer after Bank of Canada officials told the growth in US and home economy is sounder than expected. Canadian currency gained 0.6% against greenback reaching C$1.0100 per US dollar in Toronto evening trade. Loonie is the November's second best performer after Japanese yen. USD/CAD currently is trading at C$1.0072. 

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Wed, 07 Dec 2011 09:12:02 GMT

Swiss jobless rate remains low

In November Swiss unemployment level remained at record low in last three years indicating that labour market is stable despite cooling economic growth. The jobless rate in November stayed at 3%, the smallest since January 2009, reported State Secretariat for Economic Affairs. New jobs openings dropped by 1,355 reaching 17,395. 

Wed, 07 Dec 2011 09:10:27 GMT

New Zealand may keep borrowing costs unchanged

Reserve Bank of New Zealand Governor is likely to stick to its current benchmark interest rate at 2.5% as global economic outlook worsens, predict economists questioned by Bloomberg. In case the country leaves interest rate unchanged, it will join Indonesia and South Korea that keep holding their benchmark rate at record low.

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