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C$ weaker after Canada current account deficit widens TORONTO: The Canadian dollar pared early gains to turn weaker on Monday following a report showing the country's current account deficit was wider than expected. The Canadian dollar weakened to C$1.2505, or 79.97 US cents after the data. It had ended the North American session on Friday at C$1.2503 to the greenback, or 79.98 US cents.Copyright Reuters, 2015 ...

Dollar pares losses after US Q4 GDP revision NEW YORK: The dollar trimmed earlier losses against the euro and yen early Friday as the downgrade on fourth-quarter US growth was not as steep as economists had forecast, supporting the view the world's biggest economy will grow at a moderate pace. Gross domestic product grew at a 2.2 percent annual pace, slower than the initial estimate of a 2.6 percent pace, the Commerce Department said on Friday.The economy grew at a 5 percent rate ...
C$ makes modest gains; focus on Bank of Canada TORONTO: The Canadian dollar was firmer against the greenback on Friday, tracking moderate gains in crude prices, with the market primarily focused on the Bank of Canada, which will announce an interest rate decision next week.Canadian inflation data this week supported the latest view that the central bank will not cut rates again next week, following its surprise 25-basis-point cut in January.Markets had widely priced in a 70 percent, or more, chance of another rate ...
Dollar on track for eighth month of gains on US data LONDON: The dollar index slipped on Friday, pegged back by month-end selling, but was still on track for its eighth straight month of gains on better data and comments from Federal Reserve officials that bolstered bets for a rate rise this year.The index, which measures the dollar's performance against major currencies, was set to mark its longest streak of monthly gains since the greenback was floated as a fiat currency in 1971.On the day however, ...
Dollar rises as US core inflation climbs NEW YORK: The dollar firmed against other major currencies Thursday as US inflation data pointed to rising pressures that could ease the way for the Federal Reserve to up interest rates.While falling crude-oil prices continued to dampen overall US inflation, data from the Labor Department revealed building pressures in a number of areas, including shelter and personal care."Some analysts are going to use these data to warn about 'deflation' and say the Federal Reserve should ...
C$ weakens as central bank policy direction sets tone TORONTO: The Canadian dollar softened against its US counterpart on Thursday as weaker crude oil prices weighed and investor attention focused on the monetary policy directions of the US and Canadian central banks.A slew of US data including inflation data and stronger-than-expected durable goods orders in January also helped strengthen the greenback against a basket of currencies , offsetting Canadian inflation figures that topped forecasts.The US data, along with comments from Fed officials on Thursday, ...
Dollar reaches 1-month high on US data, Fed officials' remarks NEW YORK: The dollar rose to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year.The greenback also received support from San Francisco President John Williams and St. Louis Federal Reserve chief James Bullard, with both making remarks that suggested the U.S. central bank ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln