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C$ firms on US data, rethink of Fed stance TORONTO: The Canadian dollar firmed against the greenback on Thursday as investors reassessed the previous day's policy statement from the US Federal Reserve, while markets globally were bracing for the results of Scotland's independence referendum.The loonie was also supported by weak housing data south of the border, as well as data at home that showed foreign investors resumed buying Canadian securities in July.The currency recovered much of the ground lost in a selloff the previous session that was sparked by a Fed indication that it could move at a faster pace than expected once it starts raising interest rates, even as it repeated that rates will stay low for a "considerable time".Currency markets had focused on the Fed's rate projections on Wednesday, but they were giving that a rethink on Thursday."I think the rate and currency markets essentially looked too much into the dot charts and the increase in hawkishness ...

Dollar climbs to six-year peak vs yen on higher Fed rate forecasts NEW YORK: The dollar jumped to a six-year high against the yen on Wednesday while the euro tumbled from five-month peaks after forecasts from the Federal Reserve showed a faster pace of rate hikes over the next few years than had been projected in June.The Fed's statement after a two-day policy meeting remained cautious, however, sticking to its low-interest-rate pledge for a "considerable time" and expressing concern about slack in the labor market, but currency ...
C$ firms as markets await Fed statement TORONTO: The Canadian dollar firmed against the greenback for a third day on Wednesday but gains were limited by investor caution ahead of a policy statement by the US Federal Reserve later in the day.Market speculation has been rife over whether the US central bank will change its language on how long it will hold interest rates at ultra-low levels.Expectations that the statement will be a bit more hawkish sparked a nearly 2 percent selloff ...
Dollar slips vs euro after U.S. CPI data hints at dovish Fed NEW YORK: The US dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fuelling scepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.The Labor Department said its Consumer Price Index fell 0.2 percent in August as a broad decline in energy prices offset increases in food and shelter costs, marking the first dip since April of 2013 ...
C$ lifted by factory data; eyes on Bank of Canada TORONTO: The Canadian dollar strengthened against the greenback on Tuesday after data showed factory sales rose strongly in July, with the currency extending its recovery from the more than five-month low it hit the previous session.Markets were looking ahead to a speech by the head of the Bank of Canada later in the day. In his first speech since the central bank reaffirmed its neutral policy stance earlier this month, Governor Stephen Poloz will talk ...
Dollar inches lower ahead of Fed meeting outcome NEW YORK: The dollar slipped on Tuesday as investors booked profit on the currency's recent rally ahead of a Federal Reserve meeting that could potentially turn more upbeat on the U.S. economy and flag an interest-rate increase sooner rather than later.The dollar index, a measure of the greenback's value against six major currencies, was on track for its 10th weekly gain. Since May, the index has gained nearly six percent, but on Tuesday, it dipped ...
Dollar climbs as Fed seen turning more hawkish this week NEW YORK: The dollar rose against major currencies on Monday, bolstered by expectations the Federal Reserve this week will acknowledge anew improvements in the US economy and provide fresh details about the US central bank's looming tightening policy. The dollar index, a measure of the greenback's value against six major currencies, has posted weekly gains for nine straight weeks on evidence the US economy has continued to gain traction relative to other major nations.The index ...

 



 
Index Closing Chg%
Arrow DJIA 17,265.99 0.64
Arrow Nasdaq 4,593.43 0.68
Arrow S&P 2,011.36 0.49
Arrow FTSE 6,819.29 0.57
Arrow DAX 9,798.13 1.41
Arrow CAC-40 4,464.70 0.75
Arrow Nikkei 16,067.57 1.13
Arrow H.Seng 24,168.72 0.85
Arrow Sensex 27,112.21 1.81





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln