Loonie weakens on stock market decline

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Canadian Dollar depreciated against its US peer on Wednesday as investor willingness to accept risk was curbed by declines in global stock markets amid renewed worries about economic growth. Canadian currency fell 0.3% against the US Dollar to CAD 0.9998. Currently USD/CAD is trading at CAD 0.9998.
Back to articles

Actual Topics

Thu, 23 Feb 2012 08:43:08 GMT

European equity markets tumble on PMI data and Greece downgrade

European shares traded notably lower on Wednesday after Euro Zone PMI unexpectedly indicated contraction and Fitch cut Greece's credit rating to C. Stoxx Europe 600 index dropped 0.8%, French CAC 40 index edged down 0.5% and German DAX index fell 0.9%. FTSE 100 index and Athens General index lost 0.2% and 5.7% respectively. 

Thu, 23 Feb 2012 08:23:45 GMT

Aussie and Kiwi little changed on Thursday

New Zealand and Australian Dollars traded close to flat on Thursday as Asian stock markets showed relatively weak performance. Aussie climbed 0.1% against its US counterpart to USD 1.0646 while Kiwi traded flat at USD 0.8295. Currently AUD/USD is trading at USD 1.0665 and NZD/USD is trading at USD 0.8325.

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.