The US dollar is set for a second week of gains opposite the Canadian dollar. Speculations concerning the fiscal cliff, added to weak fundamental figures from the world’s largest economy, have the markets on edge. Jobless claims jumped to the most since April 2011 after superstorm Sandy hit the labor market hard. The Greenback-Loonie pair is anticipated to end the week’s valuation above parity as traders continue to shun risk.
Investor sentiment has yet to find stable support as…
Added by Aviv Shapiro on November 16, 2012 at 9:32am — No Comments