Canadian Dollar Jumps To 2-month High Against Aussie
The Canadian dollar soared to its highest level in almost 2-months against the Aussie in early trading on Friday. But the loonie slipped to a 3-day low against the greenback and a 2-day low against the yen as the crude oil prices were under $42 a barrel today, after falling nearly 2 percent overnight, weighed down by another round of grim U.S. economic data reflecting faltering demand in the world’s top energy consumer. Against the euro, the loonie eased from a 17-day high.
Euro Tumbles To New Multi-day Lows Against Majors
Extending Asian session’s downtrend, the euro slumped to new multi-day lows against its major counterparts in early European trading on Friday as the Euro-zone inflationary pressures declined further in January.