Forex News and Rumors for September 3rd, 2008
Loonie Falls as Bank of Canada Leaves Interest Rate Unchanged
Despite rumors of an interest rate cut, the Bank of Canada has opted to leave its key rate at 3%.
UK Consumer Confidence Continues to Fall
Consumer confidence in the U.K. plunged to its lowest level in four years providing further evidence that Britain’s economy is teetering on the brink of a recession.
Dollar Up as Oil Price Retreats
The dollar continued to make headway on the euro and GBP overnight as oil slips below $110 a barrel.
Filed under: Forex Trading News and Rumors


Dean's FX






