Friday, 03 August 2007

Canada's Dollar Falls on Credit Fears Impact on Commodity Currencies

(Bloomberg) -- Canada's dollar fell for the first
time in four days as investors sold currencies tied to commodity
exports on concerns U.S. subprime credit losses will spread,
slowing the global economy.

The Canadian and New Zealand dollars were the worst
performers against the U.S. dollar and Japanese yen among the 16
most actively traded currencies today.


Read more at Bloomberg Currencies News

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