Loonie strengthens on US growth

Note: This section contains information in English only.
Source: Bloomberg
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Canadian Dollar climbed versus most of its counterparts on Tuesday as advancing growth in US boosted optimism for global economic development. Demand higher yielding assets such as equities and fuel surged. Canadian currency gained 0.4% against greenback to CAD 0.9886. Currently USD/CAD is trading at CAD 0.9905.
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Wed, 14 Mar 2012 10:24:54 GMT

US Dollar climbs rapidly on Fed economic assessment

US Dollar advanced versus most if its main peers after Federal Reserve increased their evaluation of US economy and announced it will hold record low interest rates. US currency added 0.3% versus Japanese Yen to JPY 83.22. The greenback also advanced 0.3% against Euro to USD 1.3031, close to 4-week high. Currently USD/JPY is trading at JPY 83.21 and EUR/USD is trading at

Wed, 14 Mar 2012 09:46:34 GMT

US share markets climb on Fed decision and JP Morgan dividends

US stock markets rallied on Tuesday after Federal Reserve decided to maintain record low interest rates and JP Morgan increased its dividend by 20%. Retail data also supported major stock indices. S&P 500 jumped 1.81% or 24.86 points and closed 1,395.95, Dow Jones Industrial Average index added 1.68% or 217.98 points to 13,177.68, the biggest daily gain since December 20. Nasdaq

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