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Mar 6, 2013
American equity markets edge higher Wednesday
The US Stock market experienced a positive opening Wednesday after upbeat data has helped drive the Dow to all time highs. In the United States, the ADP Employment Change continued this trend, reporting a figure of 198K in February, against expectations of only 170K.
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Mar 6, 2013
Forex: USD/CAD soars after BoC
The Canadian dollar weakened sharply versus the greenback after the BoC decided to keep its monetary policy unchanged, with the main rate at 1%, but sounded more dovish than expected: "the considerable monetary policy stimulus currently in place will likely remain appropriate for a period of time, after which some modest withdrawal will likely be required".
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