Loonie falls as crude oil drops to 5-month low

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Source: Bloomberg
The Canadian currency dropped on Wednesday falling against the majority of its most-traded counterparts after a report showed that the country's largest export commodity, crude oil, slipped to the lowest in five months. The so-called Loonie fell 0.4% to C$1.0469 per U.S. Dollar as of 5 p.m. Toronto time after it reached the most since November 7 at C$1.0415 yesterday.

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Wed, 20 Nov 2013 09:39:32 GMT

Pound rises versus U.S. Dollar before BoE minutes

The British Sterling appreciated on Wednesday rising to the strongest level in three weeks against the U.S. Dollar before the minutes of Bank of England was published showing that the bank's officials maintained the interest rate at record low. The Pound advanced 0.1% to $1.6134 as of 8:02 a.m. in London following an increase to $1.6149 on November 18, the

Wed, 20 Nov 2013 10:56:14 GMT

WTI and Brent crude gain as U.S. supplies drop

West Texas Intermediate oil advanced on Wednesday rising for the second straight session on speculation that fuel supplies in the world's largest consumer of the commodity dropped and Fed may continue its stimulus in order to sustain the economic growth. WTI for delivery in December added 38 cents to $93.72 a barrel on the NYMEX, while the Brent crude expiring

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