All
 

 

Just in:  

You are here: Home»Markets»FXMM»Americas

Americas

Archive

Dollar retreats from 4 1/2-year high after US jobs data NEW YORK: The dollar slipped on Friday after a solid but below-expectation October US jobs report as investors took some profits on the greenback's months-long rally that has seen it reach multi-year highs in anticipation of tighter US monetary policy next year. Jobs growth in the United States increased at a fairly brisk pace last month, adding 214,000 non-farm jobs, which was under economists' forecasts for 231,000 new jobs.The unemployment rate dropped to 5.8 percent, a fresh six-year low. "The reaction to the data is an indication that the market is running tired of the dollar up move. The market is quite long of dollars and needs perfection to move higher. This data, if we had seen this three months ago, would have the dollar rallying. This is a solid report," said Greg Anderson, global head of FX strategy for BMO Capital Markets in New York. A tightening monetary policy ...

C$ hits 5-year low as falling crude keeps applying pressure TORONTO: The Canadian dollar touched a fresh five-year low against its US counterpart on Wednesday as falling crude oil prices pulled the currency to a fourth day of sharp losses.The loonie, as Canada's currency is colloquially known, is sensitive to commodity prices due to the large portion of the economy dependant on resource extraction and production."The principal factor that's been driving it in the last two or three sessions has been the sharp move down ...
Dollar surge stalls after four straight gains WASHINGTON: The dollar eased lower Tuesday against other major currencies after four straight gains, as economists trimmed their outlook for the US economy due to unexpectedly dull data from September.The US Commerce Department reported that new orders for manufactured goods fell $2.8 billion, or 0.6 percent, to $499.4 billion in September, and the trade deficit widened to $43.0 billion as exports slowed and imports remained flat from the previous month.Analysts said last week's initial estimate ...
C$ ekes out small gain after US GDP data TORONTO: The Canadian dollar was marginally stronger against the greenback on Thursday, recouping earlier losses, after data showed the US economy grew at a more robust pace than expected in the third quarter.US gross domestic product expanded at a 3.5 percent annual rate, the fourth quarter out of five that it grew at, or above, that level, and outpacing the 3 percent growth that economists had forecast.But details in the report hinted at some loss ...
Dollar surges as Fed ends QE on hawkish note NEW YORK: Global equity markets were mixed on Thursday while the dollar surged to a three-week high and government bond yields rose, one day after the US Federal Reserve announced the end of its six-year bond-buying stimulus program.The Fed, as expected, said it would no longer add to its holdings of Treasury bonds and mortgage-backed securities, effectively ending a program that at its peak pumped $85 billion a month into the financial system to hold ...
C$ strengthens, helped by soft US data and oil TORONTO: The Canadian dollar strengthened against the US currency on Tuesday, helped by soft US data that weighed on the greenback and a slight recovery in the price of oil.The US dollar fell against a range of currencies as US durable goods and home price data disappointed investors and raised worries about the economy as Federal Reserve officials began a two-day policy meeting."The Canadian dollar is benefiting from US dollar weakness, number one. Number two, ...
Dollar slips on weak data as Fed policy-makers meet NEW YORK: The dollar fell on Tuesday, as US durable goods and home price data disappointed investors and raised worries about the economy as Federal Reserve officials began a two-day policy meeting. The greenback, while weaker against most major currencies, fared better than the Swedish crown after Sweden's central bank surprised investors by adopting a zero interest rate policy in a bid to ward off deflation.The crown fell to a four-year low versus the dollar. ...

 



 
Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95






Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln