Rand drops on current account concern

Note: This section contains information in English only.
Source: Bloomberg
The South African Rand depreciated by 0.9% to 9.1282 per the U.S. Dollar in the end of Johannesburg trading session on Monday. The Rand is one of the worst performers among emerging market currencies, as labour disputes threaten mining industry and thereby exports of coal. As a result, current account deficit may widen further.
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Mon, 11 Mar 2013 20:38:03 GMT

Canadian Dollar appreciates on labour report

The Canadian Dollar rose by 0.1% to 1.0277 per the U.S. Dollar in the morning of Toronto trading session on Monday. The currency was pushed higher, as employment reports from the U.S. and Canada exceeded analysts' estimations. Improving labour market sparks speculation about a strengthening economic recovery.

Wed, 13 Mar 2013 14:07:46 GMT

AUD/USD retests the 20-day SMA

During Friday's trading session the pair sharply dropped to the weekly PP level at 1.0209, but today the pair has already regained its position and even surged above the 20-day SMA, which is currently located at 1.0257.

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