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| Loonie Still Feels Disappointment from EU Summit Posted: 17 Dec 2011 07:37 AM PST
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| Loonie Drops as Fitch Spoils Market Sentiment Posted: 16 Dec 2011 03:27 PM PST
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The summit of the European Union nations last week set the mood for this week and it wasn’t the optimistic one. The Canadian dollar felt the weight of the negative sentiment, but the week wasn’t altogether bad for Canada’s currency.(...)
The Canadian dollar closed below the opening level today as Fitch Ratings came in and knocked down the positive market sentiment by signaling that France’s top credit ranking may be in danger.(...)
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