Canadian Dollar losses the most since 2011

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Source: Bloomberg
The Canadian Dollar depreciated by 1.2% to 1.0256 per U.S. Dollar in the end of Toronto trading session on Tuesday. That was the biggest loss since December, 2011. The currency plunges amid huge losses in a gold market, which thumbed the most in 33 years, and on a slowdown of China's growth in the first quarter.
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Tue, 16 Apr 2013 07:55:05 GMT

Gold tumbles the most in 33 years

Gold futures for June settlement lost 9.3% to $1,361.10 on the Comex by midday trading session in New York on Monday. That was the biggest loss since 17th of March, 1980. Market analysts say that such sharp drop was caused by weak data from China, what sparkled a selloff of the commodity amid concern that more money will be required

Tue, 16 Apr 2013 10:41:03 GMT

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