Thread: Forex News from InstaForex
Hybrid View
-
29-09-15, 03:34 #1Veteran Member Just starting here
- Join Date
- Jun 2013
- Age
- 38
- Posts
- 4,044
- Rep Power
- 0
Canadian dollar plummets on lower oil prices, market gloom
The Canadian dollar declined Monday as crude oil prices took a negative turn and an overall gloom over global growth ignited woes in markets. US crude prices ended at $44.43, partially affected by huge losses on Wall Street. Also, markets have been anxious over the condition of the Chinese economy along with other emerging markets. The loonie stood at 74.66 US cents from Friday's 75.10 US cents. Generally speaking, it is oil and risk appetite. Not a bunch of figures or information last weekend “really justifies the declines, but it's there and it's very troubling to asset markets,” said Greg Anderson, Global Head of Foreign Exchange Strategy at BMO Capital Markets. Traders will expect Canadian gross domestic product data for July due Wednesday.
News are provided byInstaForex.
Similar Threads
-
Instaforex Analysis
By InstaForex Gertrude in forum Advertisement PlaceReplies: 2154Last Post: Yesterday, 10:54 -
Trading Strategies based on the Forex Trading News.
By Markcummings in forum Advertisement PlaceReplies: 8Last Post: 02-07-17, 13:51 -
Do you watch the news in SEO?
By Casoom in forum Search Engine OptimizationReplies: 5Last Post: 15-12-12, 04:58 -
Forex-Metal Presents Forex News Websites, Optimized for Mobile Devices
By Anonymous25 in forum Advertisement PlaceReplies: 0Last Post: 13-02-12, 00:29
Bookmarks