Loonie retreat positive for companies

Note: This section contains information in English only.
Source: Bloomberg
A declining Canada's Dollar is a positive event for majority of nation's companies, increasing the profits made in U.S. Dollar compared to costs in the local currency. The Loonie will weaken to C$1.14 against its U.S. counterpart, the lowest level in more than four years, by the end of this year, according to Bloomberg. Canada's Dollar appreciated 0.3% to C$1.1024 per U.S. Dollar in Toronto.
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Tue, 01 Apr 2014 09:08:03 GMT

Gold trades near lowest level in seven weeks on Fed

Gold was near the lowest level in seven weeks as investors speculated on Fed's outlook for its monetary policy. The yellow metal for immediate delivery slipped 0.5% to $1,278.20 an ounce, the lowest level since February 11, and was at $1,285.74 as of 3:08 p.m. Singapore time. Bullion for June delivery fell 0.5% to $1,277.40 an ounce in New York.

Tue, 01 Apr 2014 08:20:03 GMT

Greenback holds decline on Fed policy speculation

The U.S. Dollar geld drop against majority of most traded counterparts as investors speculated whether this week's U.S. economic data will be at least in line with expectations. The greenback touched $1.3776 per Euro at 6:57 a.m. London time, after sliding 0.2% in the past couple of days to $1.3769. It was little changed at 103.26 Yen, while the Euro

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