Loonie Weakens After Disappointing Canada Inflation, Retail Sales Data

Loonie Weakens After Disappointing Canada Inflation, Retail Sales Data The Canadian dollar declined against its major counterparts in the European session on Friday, following the release of reports showing unexpected decline in nation's retail sales for August and consumer inflation for September. Data from Statistics Canada showed that consumer inflation deteriorated 0.1 percent on a […]

Dollar Trading Mixed Ahead Of The Weekend

Dollar Trading Mixed Ahead Of The Weekend The dollar is turning in a mixed performance against its major rivals Friday afternoon. The buck is losing ground against its major European rivals, despite concerns over the Italian budget. Meanwhile, the dollar is rising against the Japanese Yen. After a month of stagnation in August, the National […]

Gold Ends Slightly Lower As Equities Rebound

Gold Ends Slightly Lower As Equities Rebound Despite the U.S. dollar losing ground against some major currencies, gold prices edged lower on Friday as equities rebounded after a setback in the previous session. The dollar index drifted down to 95.42, giving up about 0.3%. On Wall Street, stocks rebounded after an early decline. Upbeat results […]

Belgium Consumer Confidence At 6-month High

Belgium Consumer Confidence At 6-month High Belgium's consumer confidence advanced to a six-month high in October after deteriorating for the past two months, survey data from the National Bank of Belgium showed Friday. The consumer confidence index rose to 1 in October, after a flat reading in September. In August, the reading was -3. The […]

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