Canadian Dollar depreciates amid speculation on economic slowdown

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar was slightly changed at 1.0256 per U.S. Dollar in the end of Toronto trading session on Wednesday. The currency slipped against the major counterparts, as the U.S. durable-goods orders dropped more than forecast. Investors speculate that slowdown in the U.S., the biggest Canada's trading partner, will undermine Canadian exports.
Back to articles

Actual Topics

Thu, 25 Apr 2013 06:01:03 GMT

Mexico Peso slips on U.S. durable goods data

The Mexican Peso depreciated by 0.3% to 12.2790 per U.S. Dollar in the morning of Mexico City trading session on Wednesday. The currency is still higher by 4.7% this year indicating the best performance among the 16 major greenback's counterparts. The Peso weakened as the U.S. durable-goods orders slipped below expectations or the most in previous seven months. Economic data

Thu, 25 Apr 2013 05:32:03 GMT

Sterling advances on optimistic GDP forecast

The British Pound was higher by 0.4% to $1.5329 and 0.2% to 85.06 against Euro by the midday trading session in Tokyo on Thursday. The Sterling gained, as analysts said that the domestic economy will expand by 0.1% in the first quarter, following a -0.3% decrease in the preceding period. Such estimation eases expectations of additional monetary easing measures. 

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.