All
 

 

Just in:  

You are here: Home»Markets»FXMM

Markets - FXMM

Archive

Dollar ticks up despite US rate hike uncertainty TOKYO: The dollar ticked higher on Tuesday despite comments from a Federal Reserve official that cast doubt on a mid-year interest rate hike, while Greece's bailout woes held back the euro.In Tokyo, the greenback bought 119.45 yen, up from 119.22 yen in New York and sharply higher from 118.62 yen in Tokyo earlier Monday.The euro was mixed, slipping to $1.0724 from $1.0741 while it strengthened slightly to 128.07 yen against 128.05 yen in US trade.The rise in the dollar came despite a key Federal Reserve official suggesting a US rate hike could be pushed back beyond mid-year.New York Fed President William C. Dudley said recent inflation data was not strong enough to warrant a near-term rise, even though economic growth was healthy. "The Fed will likely start tightening later in the year, and there's a strong appetite in Japan for foreign portfolio and direct investments," said Taisuke Tanaka, Deutsche Bank's ...


Rouble down 3.4pc vs dollar after cbank raises forex repo rates MOSCOW: The rouble reversed early gains on Monday after the central bank said it was raising the rate at which it lends foreign currency to banks through repo auctions, its second such move this month. At 1305 GMT, the rouble was around 3.4 percent weaker against the dollar at 53.66 after opening some 0.9 percent higher. The rouble also was down 2.9 percent to trade at 57.70 versus the euro. The central bank said it ...

C$ dips on firmer US$, softer oil, but still outperformer TORONTO: The Canadian dollar slipped modestly against a broadly stronger US dollar on Monday and softer crude prices, but was stronger against all other major currencies after last week's rally.The loonie on Friday touched its strongest level since January following better-than-forecast domestic data and a more hawkish tone from the Bank of Canada.The stronger greenback, which makes dollar-traded commodities like oil less attractive for holders of other currencies, dented the price of crude, while news ...

Forint, zloty jump, Polish data underpin recovery BUDAPEST/BUCHAREST: Poland's zloty and Hungary's forint jumped against the euro as Polish economic data on Monday added to evidence that most economies in Central Europe are growing robustly, at annual rates around 3 percent.Growth in the region is "a new, big theme" prompting "regional currency outperformance, with the zloty and forint leading the way," said Standard Bank analyst Timothy Ash in a note. Polish industrial output rose 8.8 percent in annual terms in March and ...

Kenyan shilling weakens, stocks up for second straight session NAIROBI: The Kenyan shilling weakened 0.4 percent and stayed at three-year lows on Monday due to dollar demand from the energy and telecoms sectors, while stocks increased slightly.The shilling closed trade at 93.75/85 to the dollar, from Friday's close of 93.40/50 - near levels last seen in November 2011."There is a bit of demand from corporate clients; energy sector and telecommunications," said John Muli, a trader at African Banking Corporation.Chris Muiga, a trader National Bank ...

Sterling climbs against euro on Greek worries, lags dollar LONDON: The pound rose against the euro on Monday, helped by robust Britsh house price data and growing concerns about the risk of Greece leaving the euro zone that underpinned safety flows into sterling assets.The euro was weak across the board with Athens stuck in negotiations with its euro zone partners and the International Monetary Fund over reforms required by its lenders to unlock remaining bailout funds as it is rapidly running out of cash. ...

Egyptian pound steady on official market, weaker on black market CAIRO: Egypt's central bank kept the pound steady at 7.53 to the dollar at a foreign exchange auction on Sunday, while the currency weakened slightly on the black market. The central bank has kept the official exchange rate steady for more than two months after letting the pound weaken at the start of the year. This and other measures have combined to reduce black market trading dramatically. The bank said it offered $40 million at ...


 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln