Canadian inflation is likely to have accelerated in 2011

Note: This section contains information in English only.
Source: Bloomberg
Canada's inflation probably accelerated at the fastest pace in 2011 since the country began inflation level targeting in 1991. According to the poll of economists, the consumer price index surged by 2.7% in December on annual basis. November annual inflation rate reached 2.9%. Bank of Canada expects inflation to slow down to annual 1.5% through April-June period. The official report will be issued today.
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Fri, 20 Jan 2012 09:06:11 GMT

Gains of loonie limited by drop in oil price

Canadian Dollar traded almost flat on Thursday evening as gains from fewer than expected US job claims and good bond auctions in Europe were outweighed by a decline in oil prices. Canadian currency was modestly changed against greenback and traded at C$1.0108 in Toronto. Currently USD/CAD is trading at C$1.0131.

Fri, 20 Jan 2012 08:29:19 GMT

Aussie and Kiwi end the fifth straight week higher

New Zealand and Australian Dollars appreciated against their US peer on Friday as Spain and France faced successful bond auctions, boosting investor sentiment and stimulating demand for more risky assets. Aussie reached $1.0409 on Friday making 0.8% weekly gain while Kiwi traded at $0.8022 or 0.9% higher compared to January 13. 

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