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Dollar eases after touching 11-year peak NEW YORK: The dollar softened on Tuesday after touching an 11-year high against an index of other major currencies as dealers awaited details of Europe's massive bond-buying program and a key US jobs report. Trading was choppy. The dollar surrendered early gains against the euro on widening interest-rate differences and was last flat against Europe's shared currency and down against the Japanese yen. The US dollar index was off 0.17 percent at 95.305 after rising to a peak of 95.570 last seen in September 2003. "Markets are looking for the next impetus," said Dean Popplewell, chief currency strategist at Oanda in Toronto. "We may get that from the European Central Bank on Thursday or a pleasant spark on Friday from the non-farm payroll report." Europe's central bank will finalize the details of its 1.1 trillion euro bond-buying program on Thursday and may start buying immediately afterwards. On Friday, the US ...

C$ gains after higher-than-expected GDP growth TORONTO: The Canadian dollar strengthened sharply against its US counterpart on Tuesday after data showed the economy grew at a faster pace than forecast during the fourth quarter, reinforcing expectations that the Bank of Canada will likely keep interest rates on hold.Consumer spending and a build up in inventories offset a decline in exports, putting the annualized rate for gross domestic product at 2.4 percent, higher than the 2 percent economists had expected. Still, the ...
C$ softens against rallying US$; focus turns to Bank of Canada  TORONTO: The Canadian dollar weakened on Monday against a stronger greenback, which touched 11-year highs against an index of major currencies on expectations the Federal Reserve will hike interest rates this year in contrast to moves by other major economies.Investor attention was also turning to the Bank of Canada's latest interest rate decision on Wednesday. The bank cut its benchmark rate by 25 basis points in January to 0.75 percent."Everyone's waiting for Bank of Canada ...
C$ drops on oil, jump in current account deficit TORONTO: The Canadian dollar dropped against its US counterpart on Monday, pushed down by lower oil prices and data that showed the country's current account deficit growing faster than expected.Crude prices dropped after Iran said a deal on its nuclear program could be reached this week if the West lifts sanctions, a move that could boost the country's oil exports.The price of crude, a key Canadian export, has been under pressure due to excess supply ...
Dollar nudges 11-year high as euro gives up gains NEW YORK: The dollar edged up on Monday, with an index that tracks the greenback against major currencies touching an 11-year peak even after soft economic data.The euro, which is off nearly 10 percent in the last three months, had been up by as much as a third of a percent against the dollar on Monday but surrendered gains and last traded flat at $1.1192.The yen went through 120 against the dollar for the first ...
C$ 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 ...


Index Closing Chg%
Arrow DJIA 18,135.72 0.21
Arrow Nasdaq 4,982.81 0.32
Arrow S&P 2,101.04 0.12
Arrow FTSE 6,961.14 0.6
Arrow DAX 11,504.01 1.00
Arrow CAC-40 4,963.51 0.94
Arrow Nikkei 18,751.84 0.26
Arrow H.Seng 24,193.04 1.11
Arrow Sensex 29,448.95 0.23

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 $16.137 bln