Canadian dollar: another safe haven for investors

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters

Canadian dollar is becoming another safe haven for forex traders amid European debt woe and US uncertainty with deficit cuts and political gridlock. Loonie who underperformed most of its major counterparts in until August, has recovered and outpaced all except Japanse yen and US dollar. Canada which is AAA rated may be the only country among G-10 that increases benchmark interest rates next year. 

Back to articles

Actual Topics

Mon, 05 Dec 2011 10:46:42 GMT

European leaders attempt to resolve crisis

On December 9 European officials will come together for another summit aimed at tackling debt crisis. The main focus of this seminar will be discussing revision of European Union treaties. A key idea is to create a fiscal alliance that would adjust inconsistencies because currently EU has a shared currency and common monetary policy without any instruments to guarantee that members are financially healthy.

Mon, 05 Dec 2011 14:00:06 GMT

S&P 500 and Dow Jones end week slightly down

Although US stocks opened higher on Friday morning trade, Dow Jones Industrial Average and S&P 500 Index did not manage to maintain gains and closed slightly down. Dow Jones Industrial Average gave up 0.01% or 0.61 points and closed at 12,019.42 while S&P 500 slid 0.02% or 0.30 points and ended week at 1,244.28. Nasdaq Composite was the only of three major indexes that managed to

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.