market trend canadian dollar to hong kong dollar
Canadian Dollar Shrugs off Negative Market Sentiment
According to some market strategists, some Canadian dollar buying in London is helping to boost the Canadian dollar against the greenback, Monday morning.The Canadian dollar is the second best performer against the U.S. dollar, but it is unlikely the loonie is benefiting from risk aversion sentiment, some strategists say. They pointed out that as soon as the short term flow is finished, the Canadian dollar could weaken significantly.USD/CAD traded higher overnight but hit its high during the
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U.S. Dollar Falls on All Major Crosses
(CEP News) The foreign exchange market focused on country-specific themes instead of risk appetite on Friday and the U.S. dollar was broadly punished on fears about the U.S. financial system.The U.S. dollar was down 0.98 to 93.22 against the yen and the Dollar Index was down 0.951 to 86.488.The Canadian dollar was up 0.0037 to 0.7996 against the U.S. dollar (1.2508 USD/CAD) and down 0.34 to 74.53 against the yen. The euro was up 0.0172 to 1.2846 against the U.S.
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