Loonie rallies on Fed announcement

Note: This section contains information in English only.
Source: Bloomberg
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Canadian currency jumped to a highest level this year as Federal Reserve signalled interest rates will stay low to boost the economic growth. Canada's Dollar strengthened 1% to CAD 0.9943 on Thursday evening trade, marking the biggest one-session advance since November 30. Currently USD/CAD is trading at CAD 0.9958.
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Fri, 13 Apr 2012 08:42:42 GMT

China's new loans surpassed expectations last month

China's financial institutions provided more Yuan loans than initially expected in March that experts interpreted as fresh signs of monetary easing. New loans hit 1.01 trillion Yuan while analysts predicted the loans to achieve 800 billion Yuan, according to the PBOC.

Fri, 13 Apr 2012 12:11:04 GMT

Aussie weakens on China GDP data

Australian Dollar declined after China reported its GDP slowed more than expected in the first quarter. Aussie dropped 0.4% vesrus greenback to USD 1.0392. In contrast Kiwi gained 0.3% against its US peer to USD 0.8300. Currently AUD/USD is trading at  USD 1.0388 and NZD/USD is trading at 0.8292.

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