Canada's dollar falls on Moody's announcement

Note: This section contains information in English only.
Source: Bloomberg
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Canadian dollar depreciated as Moody's Investors Service reported it will revisit the debt ratings of EU countries, after disappointing results of last week's meeting. The loonie lost 1% to C$1.0271 per US dollar in Toronto trade, reaching record low since November 30. The Canadian national currency gained 0.5% against euro reaching C$1.3545. USD/CAD currently is trading at C$ 1.0257, while EUR/CAD is trading at C$1.3536.

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Tue, 13 Dec 2011 08:19:20 GMT

Finland parliament may hamper Europe Rescue plan

Disagreements the Finnish parliament may hinder other euro region governments to relieve the affirmation process for financing bailouts of trouble nations. Finland already hampered second rescue package for Greek earlier this year after it demanded collateral on Greece bailouts. Leading parties in AAA rated Finland have been discussing collateral from indebted nations since spring to limit Finland's liabilities.

Tue, 13 Dec 2011 08:17:50 GMT

Australia is preparing to prompt government notes trade among individual investors

Australia's government is going to work on better conditions for individual investors in order to encourage them to trade sovereign bonds. Such decision would develop country's corporate bond market, said Treasurer Wayne Swan. Promoting trading of government bonds would deliver good pricing benchmark for corporate deals and initiate more interest in bond markets, added Swan. 

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