Excerpt from:  GFT News
.
August 20, 2008

Canadian Dollar Gains Again in Currency Trading

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.

Bookmark and Share
Topic Tags:  Canadian dollar currency trading, currency trading, currency trading FX market, dollar FX trading, forex trading, FX trading, loonie forex trading, US dollar

Syndication OptionsRSS (Rich Site Summary) Feed Atom Feed OPML (Outline Processor Language) Feed MYST-ML (MyST Markup Language) Content Feed MS-Office Smart Tag Subscription