The Canadian Dollar falls against its US counterpart

Note: This section contains information in English only.
Source: Bloomberg
Canada's ten-year government bond's yield reached record low of 1.598% after Ben S. Bernanke, chairman of the Federal Reserve, presented a report card. Declined demand for Canadian securities also influenced the prices. Only USD 25.7 billion government bonds were purchased in May. On Monday, July 17, afternoon in Toronto the Canadian Dollar lost 0,1% against the US Dollar. It is now trading at USD 0.9852 per CAD.
Back to articles

Actual Topics

Tue, 17 Jul 2012 07:43:13 GMT

The Greenback depreciates against its major peers

On Monday afternoon, July 16, Ben S. Bernanke, Fed's Chairman, announced that new monetary easing might be introduced to support the US economy. The instant response was the US Dollar depreciation against its major counterparts. The Greenback declined by 0,1% to USD 1.2283 against the Euro on Tuesday morning, July 17, in London. Moreover it lost 1.1% against the Yen and was trading at JPY 78.87

Mon, 16 Jul 2012 15:52:10 GMT

German Constitutional Court postpones final verdict until September

The German Constitutional Court postponed its decision on resolving European debt crisis until September 2012. The European Stability Mechanism (ESM) of EUR 700 billion was supposed to come into force on the 1st of July 2012, however, member countries still need to ratify this measure. Germany claimed it contradicts with its constitution and currently no decisions can be made until the German top court resolves the

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.