Canadian currency has beaten Euro. The rally of merchandise, including the crude oil, has jumped above 113 dollar per barrel, allowed the currency of Canada to go forward next to the US counterpart and simultaneously to post weekly enhancement for the 3rd consecutive week.
Crude oil rushed on the conjecture the the attack of the Libya's oilfield wont allow the nation to recollect the percent of crude production like the previous levels. In May the delivery has gained the highest since September 2008. In June the delivery of gold also create records in the market. In Thomson Reuters and Jefferies-CRB Index the amount has raised by 1.2 % for the 7th straight day.
Also in March Canadian deployment was around 7.8 %. In a statistical report, it has been shown that, 1500 jobs were deployed in this month.
As per today the present forex rate for USD and CAD is, 1 USD=0.9524 CAD, is recorded as the lowest since 2007, November. While Euro-Canadian Dollar advances to 1.3835 from 1.3710.
