Excerpt from: GFT News
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| August 20, 2008 | | Loonie making progress in forex trading | The Canadian dollar is gaining again in currency trading on the FX market. After dropping a bit against the US dollar, the loonie began heading up again in forex trading yesterday.
Today, the trend continues for the Canadian dollar in FX trading as retail sales data makes a strong showing. Indeed, this data is a sign of a stable economy, and that is helping support the loonie in forex trading, even as economic worries continue to plague the United States.
| Topic Tags: Canadian dollar currency trading, currency trading, currency trading FX market, dollar FX trading, forex trading, FX trading, loonie forex trading, US dollar | |
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