Canadian Dollar slips on economic outlook

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar was slightly lower to 1.0265 per the U.S. Dollar in the morning of Toronto trading session on Tuesday. Analysts say, that investors might be closing positions opened on Friday, as the labour data was announced in Canada and the U.S. and indicated a strong improvement in both countries. Noticeable changes in the unemployment level should lead to faster economic growth.
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Tue, 12 Mar 2013 15:51:10 GMT

Trade gap of the UK declined in January

The Office for National Statistics reported on Tuesday that British trade deficit of goods narrowed in the first month of the year. The deficit declined to the reading of 8.2 billion Pounds in January, compared to a December's figure of 8.7 billion. Analysts, however, predicted that there will be a growth of trade deficit in January. ‘More effective action is needed

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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