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Solid US data lifts dollar vs. euro, yen NEW YORK: The dollar rose against the euro and the yen Friday as traders appeared to look past a disappointing US consumer spending report to focus on mostly brighter economic data.A small, unexpected fall in US consumer spending in July the first drop in six months made little impression on the market. US data has been mostly upbeat this week, in contrast to persistent weakness in the eurozone economy."The US dollar is seeing long-term sentiment start to build as economic data has improved considerably over the past few weeks," said Christopher Vecchio, currency analyst at DailyFX.The euro sank to its lowest level in almost a year $1.3134 after weak eurozone inflation data raised speculation about whether the European Central Bank would take fresh easing steps at its monetary policy meeting next Thursday.Eurozone annual inflation slowed to 0.3 percent in August, official data showed, raising concerns about deflation risk."The ECB is ...

C$ firms for 4th day after strong GDP data TORONTO: The Canadian dollar firmed against the greenback on Friday, making a fourth day of gains in a row after data showed the domestic economy grew at a faster pace than expected in the second quarter.The loonie is up about 1 percent for the week, partly fueled by a sharp gain on Wednesday and putting it on track for its best week since late March.A number of factors have driven the loonie higher, including fund ...
C$ loses momentum after US GDP data TORONTO: The Canadian dollar was little changed on Thursday, giving up much of its earlier gains after second-quarter growth south of the border was revised higher, and as investors looked ahead to key domestic economic data at the end of the week.Still, the loonie is up about 0.8 percent for the week so far, fueled by a sharp rise in Wednesday's session and putting it on track for its best week since late June.Analysts said ...
Dollar rises after strong US GDP report; euro sags NEW YORK: The dollar got a lift from better-than-expected US growth data on Thursday as the euro fell amid reawakened investors' worries about a serious escalation in tensions between Ukraine and Russia.The dollar index jumped just after the U.S. government reported the American economy grew at an upwardly revised 4.2 percent during the second quarter and was last up 0.15 percent at 82.553.The basket of six major currencies valued against the dollar has this week ...
Euro edges up vs dollar on ECB speculation NEW YORK: The euro crept higher against the dollar on Wednesday after Germany's finance minister downplayed prospects that the European Central Bank will unveil new measures to stave off deflation next week.The euro had fallen in the previous three trading sessions against the greenback, hitting nearly a one-year low, in part due to hints the ECB could unveil new easing steps at the September 4 monetary policy meeting.Markets have misinterpreted recent remarks by ECB chief ...
Loonie extends rally to hit one-week high TORONTO: The Canadian dollar strengthened against the greenback on Wednesday, extending the previous session's gains as it benefited from broad US dollar weakness and as investors looked ahead to key data releases at the end of the week.The rally in the US currency over the past two months has been one of the major forces behind the loonie's recent weakness that sent it close to the key resistance level of C$1.10 earlier in the week.The ...
Dollar eases as euro falls on ECB speculation NEW YORK: The dollar softened on Wednesday as traders focused on riskier currencies, while the battered euro hit a 19-month low against the Swiss franc amid speculation the European Central Bank will resort to quantitative easing.Buying of the Australian dollar and other currencies from commodities-centered economies were also helped by the euro's weakness as investors exiting the common currency took on more risk, a strategist said.After rising steadily, and this week repeatedly setting new 2014 ...

 



 
Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln