Fri, Apr 25, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies, Market Moves more

Canada’s currency appreciates as crude oil, gold prices gain

Posted on 30 December 2008

From Bloomberg: Canada’s dollar rose for the first time in three days as crude oil advanced on bets a conflict between Israel and Hamas could disrupt supplies and gold climbed as investors sought a haven.

“People are keeping an eye on what’s happening in the Middle East,” said George Davis, Toronto-based chief technical analyst at RBC Capital Markets. The increase in crude oil prices is “underpinning the Canadian dollar,” he said….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 34696 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930