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Euro drops to two-month low vs dollar as ECB weighs NEW YORK: The euro stumbled to a two-month low against the dollar on Friday, still struggling after the European Central Bank a day earlier signalled further monetary easing to fire up an economy grappling with sluggish growth and low inflation.Europe's common currency was down 2.8 percent versus the dollar for the week, on track for its worst weekly showing in three months. It fell to a one-month low against the yen and for the week was down 1.4 percent, its largest weekly percentage fall in six weeks. ECB President Mario Draghi on Thursday said the bank could accelerate its bond purchases, extend its asset-buying program, and further cut its deposit rate, currently at -0.2 percent. "Draghi not only delivered, but he exceeded many dovish expectations," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington."The risk of more monetary stimulus in the euro zone is broadly negative for ...

Latam currencies slip on China, Fed concerns; real steady SAO PAULO: Latin American currencies weakened on Tuesday on concern about the Chinese economy and a possible US interest rate hike this year, but the Brazilian real was steady after opposition lawmakers delayed filing an impeachment request against President Dilma Rousseff.The Mexican peso dropped 0.3 percent while the Chilean peso lost 0.6 percent as fears of a hard landing of the Chinese economy resurfaced this week, knocking down commodities prices.Also weighing on Latin American currencies ...
C$ weakens, dragged by oil; central bank in focus TORONTO: The Canadian dollar weakened against its US counterpart on Monday as oil prices weighed and market strategists looked past a federal election to a central bank meeting later in the week.Canadians look set to vote for political change on Monday, but a possible ouster of the ruling Conservatives could prove less of a drag on the commodity-linked currency, than any words of warning from the Bank of Canada on Wednesday."Canada is quite fiscally sound, ...
C$ hits strongest level since July as Fed eyed OTTAWA: The Canadian dollar hit its strongest level against the greenback in three months on Thursday, fueled by expectations that the Federal Reserve could delay raising US interest rates until next year.The gains saw the loonie extend a rally that has the currency up 3.5 percent so far this month. A raft of disappointing US data, worries about China's economy and divided comments from Fed policymakers have raised doubts that the central bank will be ...
Dollar rises on inflation data, euro falls on Nowotny remarks NEW YORK: The dollar rose against a basket of currencies on Thursday as underlying domestic inflation strengthened more than expected in September, reviving some expectations the Federal Reserve would raise interest rates this year.The rebound of the dollar index from a seven-week low set earlier on Thursday was limited by remarks from New York Fed President William Dudley, which traders perceive to suggest a December rate hike is far from a sure-bet, although he repeated ...
Dollar gains on above-forecast core inflation data NEW YORK: The dollar strengthened against a basket of currencies on Thursday as a stronger-than-expected 0.2 percent rise in core US consumer prices in September revived bets domestic inflation is edging closer to the Federal Reserve's 2 percent target. Last month's pickup in underlying inflation trend may tip Fed policy-makers to end the central bank's near zero interest rate policy later this year. The dollar index was last up 0.6 percent at 94.493after hitting a ...
C$ resumes rally on Fed uncertainty, oil's pause OTTAWA: The Canadian dollar strengthened by nearly 1 percent against the greenback on Wednesday, helped by a stabilization in oil prices and as investors second-guessed whether the Federal Reserve will raise interest rates this year as had been anticipated.The loonie resumed its recent rally after a round of disappointing US economic data, as well as worries about a slowdown in the Chinese economy added to some analysts' views that the Fed might wait until next ...


Index Closing Chg%
Arrow DJIA 17,813.39 0.01
Arrow Nasdaq 5,116.15 0.26
Arrow S&P 2,088.87 0.01
Arrow FTSE 6,393.13 0.88
Arrow DAX 11,320.77 1.35
Arrow CAC-40 4,946.02 1.08
Arrow Nikkei 19,944.41 0.49
Arrow H.Seng 22,488.94 0.04
Arrow Sensex 25,958.63 0.71

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WeeklyNovember 23, 2015
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