Canadian Dollar reaches almost two-year low as Fed may reduce stimulus soon

Note: This section contains information in English only.
Source: Bloomberg
The Canada's currency depreciated above C$1.05 against the U.S. currency to touch its weakest level in about two years amid speculation the U.S. Dollar will appreciate when the Federal Reserve tapers bond purchases. The Canadian Dollar declined 0.4% to C$1.0501 versus the greenback, following a fall to the weakest level since October 5, 2011.
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Tue, 25 Jun 2013 07:28:10 GMT

European stock futures decline after Chinese stocks prolong fall

European stock futures advanced ahead of data that may indicate U.S. durable goods orders and sales of new homes jumped in May. U.S. index futures remained steady, while Asian stocks retreated. Futures for the Euro Stoxx 50 Index maturing in September advanced 0.4% to 2,520. The equity gauge is set for a decline in Jun of 8.4%, the largest monthly

Tue, 25 Jun 2013 07:06:15 GMT

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