Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Lower dollar good news in some quarters

Posted on 14 October 2008

From Theglobeandmail.com: The meltdown in the Canadian dollar last week had been some time coming and it coincides with the rise in fear, if not panic, among stock market investors. But look through the rubble and there just might be some positives.

“The loonie is playing big-time catch up,” said Andrew Busch, the global foreign exchange strategist for Bank of Montreal’s investment arm. “Even with the good employment numbers coming out of Canada this is a complete selloff of all commodity-type currencies.”….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031