Loonie advances as BOC signals higher interest rate

Note: This section contains information in English only.
Source: Bloomberg
© Dukascopy Bank
Canadian Dollar appreciated sovereign bonds declined after the Bank of Canada indicated it may raise borrowing costs since inflation and the economic growth is likely to be faster than predicted. Canadian currency gained 0.9% versus it US peer to CAD 0.9902. Currently USD/CAD is trading at CAD 0.9890.  
Back to articles

Actual Topics

Wed, 18 Apr 2012 09:10:02 GMT

US Building permits hit more than three and a half-year high

US building permits rose unexpectedly last month, topping three and a half-year high, reported the US Census Bureau. The number of US-issued building permits gained 4.5% in March on a seasonally adjusted basis, hitting 0.747 million while analysts predicted the figure to advance by 0.7%, attaining 0.710. However, the situation in the US real estate market remained mixed as new

Wed, 18 Apr 2012 08:32:26 GMT

Australian Dollar climbs on IMF outlook

Aussie traded higher against most of its peers on Wednesday as Asian shares jumped after IMF improved its economic expansion prediction. Australian Dollar added 0.1% versus greenback to USD 1.0404 and jumped 0.8% against Yen to JPY 84.68. Meanwhile the Kiwi climbed to USD 0.8221 and soared 0.8% versus Japanese currency to JPY 66.92. Currently AUD/USD is trading at USD

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.