XE Market Analysis: The Canadian Loonie Nosedives as Economic Data Causes Turbulence

OVERVIEW

  • The US Dollar moves to a three-week high against the G-10 currencies as market fear eases 
  • Italian yield spread against German bond fund widens over Italy’s spending plan
  • NYMEX WTI Crude cracks below $70.00 a barrel, down 90 cents on the day.

HIGHLIGHT