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CAD Falls Below Parity with USD After Fed Statement
Yesterday’s monetary policy statement of the Federal Reserve had a very negative effect on the Canadian dollar. The growth-linked currency posted the biggest decline since May 2010 today, dropping below parity with the US dollar for the first time since January 2011.(…)Read the rest of CAD Falls Below Parity with USD After Fed Statement (122 words) Posted on Forex News. Read More CAD Falls Below [...]
Aussie Below Parity with Greenback
The Australian dollar dropped below the parity level with its US counterpart as signs of slower manufacturing in China and falling stocks weakened demand for Australia’s currency.(…)Read the rest of Aussie Below Parity with Greenback (47 words) Posted on Forex News. Read More Aussie Below Parity with Greenback Related PostAussie Reaches Parity with Greenback as RBA Holds Interest RatesAussie Reaches Parity with [...]