The US dollar weakened vs. most major currencies as concerns over Dubai eased heightening the appeal of riskier asseets. Global equity and commodity prices rose as Dubai World said that its debt talks are “constructive,” which easing...
The Canadian dollar touched the highest rate in 2 weeks after risk appetite returned to commodities and equities markets, forcing the main Canadian export, the crude oil, up, and consequently affecting positively the rates...
Canada's third quarter GDP growth has come in way below expectations, at just a 0.4% annualized rate.
This is far worse than the Bank of Canada prediction for 2% annualized growth.
It's also well below the U.S.'s 2.8% annualized rate during...
The Canadian dollar hit a six-week high Tuesday as rising commodity prices and a renewed appetite for riskier assets sent global investors flocking to the currency.
After Canada posted positive quarterly gross domestic product figures, the national currency benefited on the economic outlook and optimism, advancing versus most of the 16 main traded currencies in foreign-exchange markets.(...)Read the...