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Euro-dollar flat as Yellen reiterates cautious Fed view NEW YORK: The US dollar overcame early losses Wednesday to end flat against the euro while the yen slipped back as Janet Yellen underscored the Federal Reserve's cautious path forward.At 2100 GMT the euro was at $1.3815, compared to $1.3813 late Tuesday. During the day it rose as high as $1.3851 before succumbing to selling.Helping the dollar's rebound was confident talk from the Federal Reserve on growth slowly picking up after a harsh winter. The Fed's Beige Book regional report said most areas of the country were growing at a "modest or moderate" pace and credited the weather for much of the first quarter slowdown.Separately, at the economic Club of New York, Fed Chair Yellen said the Fed saw the continued need for ultra-low rates well into next year and saw no threat from inflation, a reiteration of previous policy statements which affirmed the central bank's cautious optimism on growth."The ...

Dollar edges lower against euro ahead of Yellen comments NEW YORK: The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.Traders expect Yellen to strike a more dovish tone in afternoon comments before the Economic Club of New York. Minutes from the latest Fed policy meeting released last week were viewed ...
C$ softens after Bank of Canada rate decision statement TORONTO: The Canadian dollar weakened to a session low against its U.S. counterpart on Wednesday after the central bank held its benchmark interest rate steady at 1 percent, but noted the risk of weak inflation.The Canadian dollar softened to C$1.1017 versus the greenback, or 90.77 U.S. cents, weaker than just before decision was released and weaker than Tuesday's close at C$1.0977, or 91.10 U.S. cents.Copyright Reuters, 2014 ...
Dollar steadies ahead of Yellen appearances next week NEW YORK: The dollar stabilized Friday against other currencies as investors looked ahead to fresh comment next week from US Federal Reserve Chair Janet Yellen.Near 2200 GMT, the euro traded at $1.3882, down slightly from the $1.3888 Thursday.The dollar bought 101.65 yen, up from 101.55 of the Japanese currency.The euro traded at 141.11 yen compared with 141.04.The dollar tumbled the last two days after minutes from the Fed's March policy meeting released Wednesday suggested there ...
Dollar edges higher on equities gloom NEW YORK: The safe-haven US dollar rose on Friday, benefiting from a sell-off in equities around the world, as investors fretted about what seemed like overstretched valuations. Global equities fell to two-week lows, triggered by selling on Wall Street on Thursday. That spurred a broad risk-averse environment that led to sell-offs in higher-yielding and emerging market currencies. "Bad news for the world is good news for the dollar," said Steven Englander, managing director and global ...
C$ retreats a bit more; focus on central bank TORONTO: The Canadian dollar pulled back from recent strong gains for a second session on Friday as the market turned its attention to next week's Bank of Canada policy statement.South of the border, data showed producer prices had their largest increase in nine months in March. That report helped the US dollar trim some declines, putting further pressure on the loonie.Since hitting a 4-1/2 year low in mid-March, the Canadian dollar has climbed about 3 ...
Dollar stumbles as rate hike expectations pushed back NEW YORK: The dollar dropped to three-week lows against the yen and the Swiss franc on Thursday, sliding for a second day after minutes of the Federal Reserve's March meeting disappointed investors who had been positioned for an interest rate increase early next year.The greenback has fallen versus the yen in four of the last five trading days. Against the Swiss franc, the dollar weakened for a fourth straight session on Thursday.A better-than-expected U.S. weekly ...

 



 
Index Closing Chg%
Arrow DJIA 16,424.85 1.00
Arrow Nasdaq 4,086.23 1.29
Arrow S&P 1,862.31 1.05
Arrow FTSE 6,584.17 0.65
Arrow DAX 9,317.82 1.57
Arrow CAC-40 4,405.66 1.39
Arrow Nikkei 14,417.68 3.01
Arrow H.Seng 22,696.01 0.11
Arrow Sensex 22,277.23 0.92





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln