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Saturday, 28 July 2012

DailyFX - Forex Market News: Canadian Dollar Poised For Pullback Amid Slowing Growth, Inflation

DailyFX - Forex Market News
Forex Market News
Canadian Dollar Poised For Pullback Amid Slowing Growth, Inflation
Jul 27th 2012, 23:11

The Canadian dollar continued to appreciate against its U.S. counterpart as currency traders increased their appetite for risk, but the loonie may struggle to hold its ground next week as the economic docket is expected to dampen speculation for a Bank of Canada rate hike.

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