Loonie weakens amid retail sales decline in June

Note: This section contains information in English only.
Source: Bloomberg
The Canadian Dollar fell for a second consecutive day against the U.S. Dollar after data showed Canadian retail sales declined in June 0.4% to C$38.7 billion, Statistics Canada reported. Other reports showed a decrease in employment, building permits and wholesale sales as well as slowing consumer-price increase.  The Loonie lost 0.2% to 99.14 cents per U.S counterpart. One Canada's Dollar buys $1.0087. 
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Thu, 23 Aug 2012 08:02:54 GMT

Aussie and Kiwi rise amid Fed minutes

The South Pacific nation's currencies strengthened after minutes of the Fed's most recent policy meeting indicated officials favour more stimulus if the economy does not show signs of pickup. The Australian Dollar climbed 0.2% to $1.0505 after rising 0.4% to $1.0487 the previous day. The New Zealand Dollar gained 0.4% to 81.40 U.S cents, after a 0.3% strengthening the day

Thu, 23 Aug 2012 15:08:34 GMT

Inflation in South Africa decelerated strongly in July

The inflation in South Africa slowed more-than-expected in July, and speculations grew that nation's policy makers may cut the benchmark interest rate already for a second time in this year. The South African inflation rate reached a fourteen-month low, at a 4.9 per cent level, down from 5.5 per cent in the previous month.

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