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  • Canadian dollar drops on report of construction permits

    Canadian DollarCanadian dollar fell today against 15 of the 16 most negotiated currencies since the reports showed that building allows tumbled far short of the expected value and the prospects for growth slower employment in Canada.

    Construction in Canada permits plummeted 9.2 percent in August, compared with a decrease of 3.8 in July.Reading was much worse to even more pessimistic, expected by the fall of 1.9 by ciento.El forecast report expected tomorrow to show Canadian employers adds down jobs in September, less than in August, when growth was 35.800.

    Not everything is bad for the loonie, as he is often called the Canadian currency.Claims of unemployed in the United States declined more than what is expected, according to the report today, and that is positive for the Canadian dollar as the US is Canada's largest trading partner.The market commodity, in spite of its poor performance today, is very solid, which is supporting the commodity currencies including the loonie loonie.El met previously in speculation that the central banks of the world reduce their interest rates, while Canada would maintain its rates without cambios.Fabricante policy of the Bank of Canada will meet October 19 to set the key interest rate.

    USD/CAD passed 1.0109 to 1.0173 as of 22: 14 GMT today, while EUR/CAD rose 1.4085 to 1.4162.

    If you want to comment on the recent actions of the Canadian dollar, or have any questions regarding this currency, please feel free to respond here.

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    This entry was posted on October 8, 2010 at 12: 14 am and is filed under dollar canadiense.puedes follow any responses to this entry through the RSS 2.0 feed.puede jump to the end and leave a respuesta.Haciendo ping is not currently permitted.

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