Thu, Oct 30, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Canadian currency falls to two-month low amid speculation on Fed

Posted on 13 November 2013

Canada’s dollar reached the weakest in more than two months on speculation a strengthening U.S. economy will prompt the Federal Reserve to reduce stimulus measures that have helped to bolster growth worldwide.
A measure of the currency’s volatility rose to a one-month high, while crude oil, Canada’s largest export, dropped to the lowest level since June. The U.S. dollar rose against the majority of its 16 most-traded peers after reports last week showed American payrolls and gross domestic product grew more than forecast. The U.S. is Canada’s biggest trade partner……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 37718 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031