Loonie subject to prospect of increased borrowing costs

Posted On: April 30, 2012
The top official of the Bank of Canada is poised to hike borrowing costs, which poses a threat to the Canadian dollar as the top-performing monetary unit during the past 180 days. [More]

Category: Industry News

Loonie benefits from slower U.S. economic data

Posted On: April 27, 2012
The Canadian dollar mildly climbed in value on Friday as a consequence of economic data indicating the nation's top trade partner had a slower first quarter than anticipated. [More]

Category: Industry News

Loonie notches top price against greenback since past September

Posted On: April 26, 2012
The Canadian dollar climbed to its top value in nearly seven months against its southerly rival on Thursday, spurred by conjecture about the nation's central bank prepping to hike interest rates. [More]

Category: Industry News

FOMC predicts U.S. economic growth to gradually pick up

Posted On: April 25, 2012
The nation hosting the globe's largest economy will see development and growth slowly pick up the pace, according to policy makers with the central bank. [More]

Category: Industry News

Loonie nears seven-week high against the greenback

Posted On: April 25, 2012
The value of the monetary unit of Canada barreled toward its highest rate since early last month against its southerly rival on Wednesday. [More]

Category: Industry News

Canadian dollar climbs against greenback but gains tempered by economic data

Posted On: April 24, 2012
The value of the Canadian dollar increased against its southerly rival on Tuesday. [More]

Category: Industry News

Euro benefits against yen from strong Dutch debt auction

Posted On: April 24, 2012
Losses of the shared currency of the European Union against the Japanese yen halted on Tuesday after the Dutch sale of the equivalent of roughly $2.6 billion in bonds, allaying concerns about the sovereign debt crisis attacking the bloc's more solidified economies. [More]

Category: Industry News

Sarkozy, Hollande battle for French presidency

Posted On: April 23, 2012
The pitched battle to lead the nation hosting the euro zone's second largest economy has been set. [More]

Category: Industry News

Loonie to be impacted by Canada's retail sales report due out Tuesday

Posted On: April 23, 2012
Tuesday’s February retail sales report is likely to exhibit weakness, according to a Bloomberg poll of economists. [More]

Category: Industry News

Euro pinched by worries about widening debt scourge

Posted On: April 23, 2012
The common currency of the European Union dropped from its top rate in the past two weeks against the U.S. dollar on Monday, pulled by concerns about additional damage caused by the sovereign debt crisis. [More]

Category: Industry News