Tuesday, February 16, 2010

Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar

Canadian Dollar vs British Pound, Australian Dollar and New Zealand Dollar: The British Pound was unable to get out of the way of the powering CAD to currently change hands at 1.6375. Higher UK Inflationary data was unable to help the embattled Pound as the BOE wrestling with stimulating economic output while maintaining pricing levels. The Australian Dollar has stepped up 0.9375 as improve market confidence provided a boost for the Aussie. The New Zealand Dollar has rebounded from its 4 months low to open the US session higher at 0.7345.

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