Canadian Dollar sharply weakens versus its US peer

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Source: Bloomberg
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Canadian currency declined reaching a 6-week record low against US Dollar on concern European crisis is regaining momentum amid slowing US recovery. The loonie fell 0.7% to CAD 1.0045 on Tuesday, the lowest figure since February 27. Currently USD/CAD is trading at CAD 1.0018. 
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Wed, 11 Apr 2012 08:42:32 GMT

Aussie and Kiwi depreciate rapidly on European concerns

The New Zealand and Australian Dollars fell rapidly versus their US peer and Japanese Yen on Wednesday as lingering worries about European debt turmoil curbed demand for riskier assets. Aussie lost 0.6% against greenback to USD 1.0251 and fell 1.6% versus Yen to JPY 82.70 while Kiwi dropped 0.8% versus US Dollar to USD 0.8149 and plunged 1.8% against Japanese

Wed, 11 Apr 2012 09:11:37 GMT

US shares face the worst session in 2012

US stocks experienced the worst session in 2012 on worries about upcoming earnings reports and surging Italian and Spanish borrowing costs. S&P 500 index tumbled 1.71% or 23.61 points and closed at 1,358.59. Dow Jones Industrial Average fell 1.65% or 213.66 points to 12,715.93 and Nasdaq Composite index plunged 1.83% or 55.86 points to 2,991.22.

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