Canadian Dollar weakened amid oil decline

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP

The Canadian currency depreciated versus its U.S. peer as oil, the most exported product of the state, dropped. The decline of Canada's Dollar versus most of its 16 major counterparts is resulted from the large discount of the Canadian oil trading level, at which Canada sells crude oil to U.S. The loonie fell 0.3% to C$1.0325 per U.S. Dollar, while oil slid 0.9% to $102.90 a barrel.

Back to articles

Actual Topics

Mon, 07 Oct 2013 15:21:05 GMT

East Asian growth forecast cut amid China

Economic growth of East Asian region may reach only 7.1% this year, while the next year it is expected to be 7.2%, according to the forecasts of the World Bank. In its last report the regulator expected the 7.8% and 7.6% growth, respectively. Alongside, the Chinese economy is predicted to increase only 7.5% this year, while the previous forecast was

Mon, 07 Oct 2013 14:59:03 GMT

U.S. government seeks for the evasive way out of the deadlock

The solution of problematic political situation in U.S. government still has not been found as the government deadlock continues with potential gap in borrowing authority. Each party wants to get out of the shutdown and prevent serious consequences, while there is no evidence that the parties are close to finding a compromise.

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.