Forex | Forex | The Canadian dollar declined against the dollar as crude oil prices fell (26/08/2009 05:40:57)

The Canadian dollar declined against the dollar as crude oil prices fell

The US dollar was mixed vs. most major currencies despite positive US data. Consumer confidence for August came in better than expected with a reading of 54.1, beating forecasts of 47.9. The S&P/Case-Shiller home price index in June also showed positive signs of recovery climbing 1.4%. The Richmond Fed Manufacturing index was 14 in August, less than forecasts of 16. The euro is modestly higher against the dollar as a rise in European equities increased risk appetite. Germany, Europe’s


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