The Loonie gains on appetite for higher-risk currencies

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar gains against the U.S. Dollar for a second consecutive month amid speculations that the Fed and the ECB may loosen their monetary policy, which in turn stimulates appetite for high-yielding currencies. The Loonie rose 1.4% in July following a 1.6% gain in June on the ECB's determination to undertake measures in order to lower Spanish and Italian bond yields and the Fed's 2-day meeting. 
Back to articles

Actual Topics

Wed, 01 Aug 2012 08:04:54 GMT

Oil falls on factory data

Oil futures were near two-week low amid fears that central banks will not boost slipping global manufacturing. On Wednesday, crude for September settlement traded at $88.03 per barrel, after closing yesterday at $88.06, the lowest since July 13. September delivery brent oil was down 22 cents to $104.70 per barrel.

Wed, 01 Aug 2012 10:16:53 GMT

Spanish government introduces regional debt ceiling

In order to assure investors that Spain can avoid a full scale bailout amid increasing borrowing costs, the Spanish government introduces regional debt ceiling this year. 13 out of 17 regions supported the initiative of the debt limits, which are 15.1% of GDP for this year and 16% for next year. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (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.