Tuesday, April 6, 2010

Canadian Dollar Reaches Parity with US Dollar

Strauss Sees Canada's Dollar Near Parity for `Some Time'



April 6 (Bloomberg) -- Matthew Strauss, senior currency strategist at Royal Bank of Canada, talks with Bloomberg's Margaret Brennan about the performance of the Canadian dollar and outlook for the currency. Canadas dollar was worth more than the U.S. currency for the first time since July 2008 on the back of the rising price of crude oil and the prospect of higher interest rates. (Source: Bloomberg)


S&P 500 Could Rise to 1,300 by Year End says Chris Hyzy

April 6 (Bloomberg) -- Chris Hyzy, chief investment strategist at U.S. Trust Co., talks with Bloomberg's Carol Massar and Matt Miller about the outlook for the S&P 500 Index. Hyzy also discusses Federal Reserve monetary policy. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)


U.S. Stocks Rally as Fed Signals Plan to Leave Rates Low

April 6 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. Most U.S. stocks rose, led by banks, as investors bet that the Federal Reserve will keep its benchmark interest rate at a record low to safeguard the economic recovery and lenders rallied on analyst upgrades. Bloomberg contributor Keith McCullough also speaks. (Source: Bloomberg)


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