USD/CAD: Canadian dollar fell after downgrades of banks and weak data on shipments

Market news

14 December 2012

USD/CAD: Canadian dollar fell after downgrades of banks and weak data on shipments

USD/CAD updated for a maximum of 0.9862, after it was reported that S & P downgraded the ratings of several banks in Canada. The list of banks whose ratings have come under attack, included ScotiaBank, Banque National and several smaller institutions.

USD/CAD rose by the messages, as well as weak data on shipments in the manufacturing sector in Canada.

Gold prices near $ 1,700 an ounce

USD/JPY hit a low of 83.31 due to the closing of short positions

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