The Canadian dollar has been extending its yesterday’s gains against the currencies of Europe, Australia and Japan in Asian deals on Friday as crude oil price rose on Egypt worries.
The Canadian dollar strengthened to a 3-day high against the euro, 11-day high against the Aussie and more than a 3-week high against the yen. But the Canadian dollar traded in a tight range against the US dollar.
Egyptian President Mubarak surprised the markets yesterday by stating that he will stay in office until the September elections but will transfer some power to the country’s new vice president.
U.S. crude for March delivery gained 56 cents to $87.22 a barrel at 12:40 am ET.
The International Energy Agency (IEA) in its monthly Oil Market Report released yesterday revised up 2011 global oil demand by 120,000 barrels per day to 89.3 million barrels per day (mbd)
Separately, the OPEC in its monthly report said yesterday that world oil demand forecast to grow by 1.4 mbd to 87.70 mbd in 2011, citing stronger industrial output in the US and China.
The Canadian dollar gained against the currency of Europe in Asian deals on Friday. As of now, the loonie is trading at a 3-day high of 1.3508 against the euro with 1.336 seen as the next upside target level. At yesterday’s close, the euro-loonie pair was quoted at 1.3542.
The euro fell amid reduced expectations for an interest rate hike by the European Central Bank in the near future.
During Asian deals on Friday, the Canadian dollar advanced against the Japanese yen. The loonie-yen pair is currently trading at more than a 3-week high of 83.92, compared to Thursday’s close of 83.66. The next upside target level for the loonie is seen at 84.7.
The Canadian dollar strengthened against the Aussie in Asian deals on Friday. At present, the loonie is trading at an 11-day high of 0.9939 against the aussie and if the loonie climbs further, it may likely target the 0.985 level. The aussie-loonie pair closed yesterday’s trading at 1.00.
The Aussie slipped as the Reserve Bank of Australia Governor Glenn Stevens indicated today that interest rates in the nation would be stable in the forseeable future.
In Asian deals on Friday, the Canadian dollar traded in a tight range against the US dollar. The pair bounced between 0.995 and 0.996. The pair was worth 0.9955 at yesterday’s close.
Looking ahead, German final CPI and wholesale price index- both for January, French December current account and preliminary fourth quarter non-farm payrolls, U.K. January PPI are expected to influence trading in the upcoming European session.
Trade balance reports for December from U.S. and Canada and the University of Michigan’s preliminary consumer confidence report for February are slated for release in the North American session.
Soundscapes played out by means of an MP3 or CD player. You can’t cure tinnitus before you know what has started it. That in essence is why it is essential users of such machinery wear protection suitable to the noisy conditions.
I was curious if you ever considered changing the page layout of your website? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or 2 pictures. Maybe you could space it out better?
No matter if some one searches for his necessary thing,
thus he/she wishes to be available that in detail, therefore that thing is maintained over here.
Tympanic membrane and Meniere’s syndrome are also considered as the cause of tinnitus. For more information, just visit Tinnitus Cure Revealed dot Info. That in essence is why it is essential users of such machinery wear protection suitable to the noisy conditions.
It’s actually very complicated in this busy life to listen news on Television, thus I only use internet for that purpose, and obtain the most recent news.
Heya i’m for the first time here. I came across this board and I find It truly useful & it helped me out a lot. I hope to give something back and aid others like you helped me.
Soundscapes played out by means of an MP3 or CD player. Some of these can be a contributing factor in the onset of tinnitus symptoms. Patients should implement for it and it truly is proposed that they already be below the consideration of a physician, however the grant is for $1500.
It is known that Barbie makeup Agar io Hack are pretty easy to be downloaded and installed, they should help your girls enhance quality of their pretend play. To get a site that offers minimal requirement during registration and no play limitation is extremely important. t get the hump – you can always play flash Agar io Hack available for Mac and PC users.
Amazing! This blog looks exactly like my old one! It’s on a completely different subject but it has pretty much the same page layout and design. Outstanding choice of colors!
Your way of explaining all in this piece of writing is truly good, all can easily know it, Thanks a lot.