Loonie appreciates on US economic data

Note: This section contains information in English only.
Source: Bloomberg
Canadian currency strengthened versus its US peer on Monday on report which showed US manufacturing index climbed to 53.4% in March. Loonie added 0.8% versus greenback to CAD 0.9906 and advanced 1% against the Euro to CAD 1.3351. Currently USD/CAD is trading at CAD 0.9895 and EUR/CAD is trading at CAD 1.3197.
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Tue, 03 Apr 2012 07:02:38 GMT

US manufacturing activity grew in March

US manufacturing PMI expanded more than expected last month, indicating growth for the 32th month in line. The PMI measured by the Institute for Supply Management jumped by 1.0 point attaining 53.4 last month as compared to a February figure of 52.4. Experts had predicted the manufacturing PMI in the US to expand by 0.6 points to 53.0.

Tue, 03 Apr 2012 07:25:34 GMT

Aussie declines on RBA announcement

Australian currency slipped closer to a 6-month record low as RBA signalled it is ready to implement further policy easing if necessary. Aussie dropped 0.2% versus greenback to USD 1.0402. New Zealand Dollar was traded almost flat against its US peer at USD 0.8236. Currently AUD/USD is trading at USD 1.0402 and NZD/USD is trading at USD 0.8239.

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