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.
At this time I am going to do my breakfast, after having my breakfast coming again to read more news.
Dragon City vous faire apprendre tout sur l’élevage des dragons, à partir des bases de savoir remark élever à l’alimentation et de les utiliser dans des batailles.
Hey would you mind letting me know which webhost you’re working with? I’ve loaded your blog in 3 completely different browsers and I must say this blog loads a lot faster then most. Can you recommend a good hosting provider at a fair price? Kudos, I appreciate it!
Good day! This is my first visit to your blog! We are a team of volunteers and starting a new initiative in a community in the same niche. Your blog provided us useful information to work on. You have done a extraordinary job!
Greetings from Los angeles! I’m bored at work so I decided to browse your blog on my iphone during lunch break. I enjoy the information you present here and can’t wait to take a look when I get home. I’m shocked at how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G .. Anyways, excellent blog!
You are so right, gross sales is a very good career-especially in case you get with a extremely good company. Excellence in gross sales can result in prime-paying positions at corporations. The bottom line is, companies exist to herald revenue and sales positions are charged with that responsibility, so whenever you’re great on the company’s greatest want, you will be seen and usually rewarded enormously!
Hi, i feel that i noticed you visited my web site so i came
to go back the favor?.I am trying to to find issues
to enhance my website!I suppose its ok to use a
few of your concepts!!
Thanks for sharing your thoughts on Forex News.
Regards
Our company is breathing in a community in which a huge selection of health conditions have come
into lifestyle and the worst portion that people don’t have choice
other than managing all those life-threatening illnesses.
Most of conditions came into existence since chronic
illness which cannot get cured while various other is viral and deadly illnesses.
We have to understand all the items about the life-threatening health
issues. Only then we is going to be able to do something to prevent those types of illnesses.
So, continue to keep reading this post in order that you will be able to spread awareness in the society.
HPV is a short sort of Human Papilloma Virus is a type of very contagious viral skin disease which
can affect any kind of parts of the body system. However, the virus generally influences
oral body parts many of these as anus, buttock, cervix, penile, vagina and penile.
This is an actuality that HPV or any kind of other viral infection generally
doesn’t cause any varieties of signs and symptoms however in some acute circumstances some
patient may develop extreme signs. Actually the signs or symptoms of HPV
generally rely on the immune program. There are many individuals struggling with HPV
living their particular life with no symptoms.
Consequently, a solid immunity can generate a huge difference between having symptoms of HPV or perhaps not.
Hi! Would you mind if I share your blog with my zynga group?
There’s a lot of people that I think would really enjoy your content.
Please let me know. Many thanks