Loonie makes the longest weekly gains since 2005

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Source: Bloomberg
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Canadian Dollar prolonged its advance against Japanese Yen for a tenth straight week, creating the longest weekly improvement period in seven years as US stock rally boosted demand for riskier assets. Canada's Dollar appreciated 1.1% versus Yen to JPY 84.13. Loonie slipped 0.1% versus greenback to CAD 0.9917. Currently CAD/JPY is trading at JPY 84.14 and USD/CAD is trading at CAD 0.9909.
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Mon, 19 Mar 2012 07:24:35 GMT

US industrial production steady in February

The industrial production in the US stayed unchanged in February, reported the Federal Reserve. The industrial production was at the same level as last month compared to a 0.4% expansion in January. Experts predicted the industrial output to advance by 0.4% in February.

Mon, 19 Mar 2012 07:31:53 GMT

US consumer prices climbed in February

US consumer prices surged in February to 10-month record high, mirroring the increase in fuel value. The CPI soared 0.4% in line with expectations, following a 0.2% increase in January, said Labor Department on Friday. The core CPI measure which eliminates volatile energy and food costs added 0.1% or slightly less than predicted 0.2%.

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