Canadian Currency News

Euro Remains Under Pressure As Falling Inflation Adds Pressure For ECB Rate CutsTuesday, January 6, 2009 @ 6:28AMThe Euro continue to remain under heavy selling pressure which was accelerated by the Euro-Zone CPI estimate slowing to 1.6% from 2.1% on the back of falling energy prices and waning demand. The Euro dropped nearly 300 bps falling below 1.3400 for the first time since December 15th.

Euro Remains Under Pressure As Falling Inflation Adds Pressure For ECB Rate CutsTuesday, January 6, 2009 @ 6:13AMThe Euro continue to remain under heavy selling pressure which was accelerated by the Euro-Zone CPI estimate slowing to 1.6% from 2.1% on the back of falling energy prices and waning demand.

Canadian Dollar Surges To 1-month High Against EuroTuesday, January 6, 2009 @ 4:24AM(RTTNews) - Against the European currency, the Canadian dollar gained ground during early deals on Tuesday. The euro-loonie pair that closed yesterday's trading at 1.6214 is now worth 1.6018. This set a 1-month high for the loonie.

Canadian Dollar Weakens Against US CurrencyTuesday, January 6, 2009 @ 3:08AM(RTTNews) - The Canadian dollar declined against the US currency in early deals on Tuesday. As of now, the greenback-loonie pair is worth 1.1973, compared to 1.1891 hit late New York Monday. The near term support level for the loonie is seen at 1.223.

US Dollar, Pound, Yuan up; Euro, Yen downTuesday, January 6, 2009 @ 1:48AMMumbai, Jan 6 : Following were the indicative currency notes and travellers' cheques buying and selling rates per unit as given by Thomas Cook India here today.