Loonie falls on Fed's stimulus pledge

Note: This section contains information in English only.
Source: Bloomberg
Canada's currency dropped versus the U.S. Dollar as Federal Reserve's promise to give additional allowance for the economy showed a sign of continuing monetary slowdown. The Loonie tumbled 0.3% to C$1.0055 per U.S. Dollar, one Canadian Dollar purchases 99.45 U.S. cents. The S&P 500 Index turned to a 0.3% drop after gaining 0.4%.
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Thu, 02 Aug 2012 08:11:55 GMT

Dollar rises on Fed comments

The U.S. Dollar climbed to a week-high versus the Euro after the Fed signaled more steps to support the economy. The Greenback rose 0.7% to $1.2225 per Euro, after touching $1.2218, the highest since June 26. The U.S. Dollar advanced 0.4% to 78.44 Yen, after earlier drop to 77.91, the weakest from June 1.

Thu, 02 Aug 2012 15:23:58 GMT

European stocks continue to gain

On Wednesday, August 1, European stocks edged higher amid speculations about decisive actions from central banks to support the economy. The Stoxx Europe 600 Index soared 0.5 per cent to 262.57. At the same time, the U.K.'s FTSE 100 rose by 1.4 per cent, while Germany's DAX, on the contrary, erased 0.3 per cent.   Next Plc added 6.5 per cent, Arkema SA jumped 5.7

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