Loonie rallies on global growth optimism

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar rallied on speculation global growth will uphold demand for commodities such as oil, Canada's biggest export. The Loonie appreciated for more than a month against the U.S. counterpart, the longest strengthening period since October 2010. The Canadian Dollar gained 1% this week appreciating to 99.11 cents per greenback. 
Back to articles

Actual Topics

Mon, 13 Aug 2012 07:37:28 GMT

China stocks fall most in two weeks

China's stocks posted the biggest drop in two weeks as Bank of America Corp. pared its economic growth estimates for China and amid belief the government will not alleviate monetary policy as housing prices rebound. The Shanghai Composite Index fell 0.6% to 2,156.25. The CSI 300 Index dropped 0.8% to 2,381.23. The Hang Seng China Enterprise Index declined 0.4%.

Mon, 13 Aug 2012 12:58:35 GMT

Aussie Dollar falls amid flagging demand for risky assets

The Australian Dollar declined versus almost all of its major peers as global economic downturn curtailed demand for high interest currencies. The Aussie Dollar fell 0.2% to $1.0556 and dropped to 82.63 Yen. The New Zealand Dollar lost 0.2% to 81.17 U.S. cents and 0.2% to 63.53 Yen. 

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
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.