Forex News and Rumors - Afternoon Update

Lower Risk Appetite Hurts Loonie
After opening in positive territory, the Canadian dollar lost ground to the US dollar as a growing aversion to risk had investors returning to the US dollar. By 12:20 p.m. today, the Canadian dollar was at C$1.0898 to the U.S. dollar, or 91.76 U.S. cents, down from C$1.0856 to the U.S. dollar, or 92.11 U.S. cents, at Thursday's close. More
Moody's Says US Aaa Credit Rating "Stable"
Moody's Investor Service said today that the US credit rating remains deserving of its Aaa designation. Moody's identified the U.S.’s ability to cope... Read more »
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