- Analytics
- Top Gainers / Losers
Top Gainers/Losers: Canadian dollar and Swedish krona
Top Gainers – The World Market
Quotes for oil and other minerals continue to grow smoothly. Due to this fact, stocks of commodity companies such as Imperial Oil and Arconic, as well as currencies of commodity countries, were in demand. In addition to rising oil quotes, the Canadian dollar was supported by the decision of the Bank of Canada to tighten monetary policy by reducing the money emission for the purchase of assets by a quarter. At the same time, the Bank of Canada has so far kept its rate at the lowest level of 0.25%. Recall that before the coronavirus pandemic, it was 1.75%. Oil, gas and their derivatives are among the main export commodities of Canada. The Swedish krona weakened slightly amid an increase in the number of coronavirus cases in Sweden.
1.Arconic Inc, 21,1% – an American manufacturer of aluminum products
2. Imperial Oil Limited, 16,7% – a Canadian oil company
Top Losers – The World Market
1. Twitter Inc – an American social network
2. Bausch Health Companies Inc – a Canadian pharmaceutical company.
Top Gainers – Foreign Exchange Market (Forex)
1. CADJPY, CADCHF - the growth of these charts means the strengthening of the Canadian dollar against the Japanese yen and Swiss franc.
2. GBPSEK, USDSEK - the growth of these charts means the weakening of the Swedish krona against the British pound and the US dollar.
Top Losers – Foreign Exchange Market (Forex)
1. EURCAD, AUDCAD - the drop of these charts means the weakening of the euro and the Australian dollar against the Canadian dollar.
2. GBPCAD, USDCAD - the drop of these charts means the strengthening of the Canadian dollar against the British pound and the Canadian dollar.
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