Canada's Dollar falls to 4-month low on central bank's statement

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP
The Canadian currency sunk 0.4% to C$1.0422 per greenback as of 5pm in Toronto, after reaching its lowest level since September 9, after Central Bank signalled a need for increasing the interest rates in the nearest future, amid risks for economic recovery. Meanwhile, the inflation is likely to stay above its 2% target, the Bank of Canada said. The so-called loonie traded at 95.95 US cents.
Back to articles

Actual Topics

Fri, 25 Oct 2013 09:58:03 GMT

U.K. economy surges as all industries show recovery

Economic growth in the United Kingdom reached 0.8% in the third quarter of this year, while all the main sectors of country's economy posted an increase in output. The result fully matched economists' predictions. During April-June quarter economy grew 0.7%. At the same time, the Bank of England still does not plan to increase official interest rates, until the unemployment

Fri, 25 Oct 2013 09:14:03 GMT

Dollar drops most in 2 years on U.S. consumer sentimens data

The U.S. Dollar depreciated 0,2% to $1.3824 per Euro as of 6:54 in London, after reaching $1.3832, the lowest level since November 2011, amid negative estimations of U.S. consumer comfort index that will be released today and speculations the Fed will maintain its monetary stimulus for longer. The greenback fell 0.2% to 97.05 Yen, after touching 96.94, the weakest since

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.