Canada's Ivey PMI hits 63.5 in December

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Source: Marketwatch

Canada's Ivey PMI increased more than expected in December. The Ivey PMI added 3.6 points approaching 63.5 last month from November's reading of 59.9. Experts predicted a decrease in the indicator by 0.8 points to 59.1. However, after the data release, the Canadian Dollar continued to see loses against the USD with the pair USD/CAD traded at 1.0204, gaining 0.75%.

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Fri, 06 Jan 2012 08:51:51 GMT

China sees stimulating domestic consumption as top priority

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Fri, 06 Jan 2012 08:50:22 GMT

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On Friday Australia's and New Zealand's Dollar enlarged their losses against US Dollar for a third consecutive day as European debt anxiety damped demand for more risky assets. Australian Dollar lost 0.6% reaching $1.0208 in Sydney while its New Zealand peer gave up 0.4% to $0.7779. Currently AUD/USD is trading at $1.0233 and NZD/USD is trading at $0.7796. 

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