Dollar climbs against Yen before U.S. data

Note: This section contains information in English only.
Source: Bloomberg
On Wednesday, the U.S. Dollar held advance against most major counterparts before data today expected to add signs of economic rebound in the U.S., constraining opportunities for additional monetary easing from the Federal Reserve. The Greenback surged 0.1% to 78.79 Yen, after climbing to 78.93 yesterday, the highest since July 18.
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Wed, 15 Aug 2012 06:51:30 GMT

Loonie at 3-month high on oil gain and U.S. retail data

Canada's currency was at an almost 3-month high as crude oil advanced and a report posted U.S. retail sales increased, fueling optimism demand for exports to the U.S. will rise. On Wednesday, Canada's Dollar gained 0.1% to 99.23 cents per U.S. Dollar, after touching 99.07 yesterday. The Loonie buys $1.0076.

Wed, 15 Aug 2012 14:44:41 GMT

Economic Optimism Index dropped 3% in August

The IBD/TIPP Economic Optimism Index tumbled by 1.4 points or 3 per cent in August, and reached 45.6 against 47 in the month earlier. The Index dropped to its lowest reading of 2012 so far, and reading below 50 indicates pessimism. Meanwhile, in December 2007 the reading was at 44.4 level, when the world's biggest economy fell into the recession.

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