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C$ holds steady near 5-year lows as greenback dominates TORONTO: The Canadian dollar saw little price action against its US counterpart on Monday, as the currency held steady near its weakest levels in more than five years following Friday's North American employment data.The US dollar remained strong after data showed US labor market strength in both wage growth and job creation, offering more signs that the US central bank may be edging closer toward raising interest rates.In Canada, the jobs data did little to convince market participants the Bank of Canada will be changing its tune on monetary policy any time soon, and the loonie remained under pressure, underperforming nearly all its currency counterparts.At 9:12 a.m. (1412 GMT), the Canadian dollar was trading at C$1.1436 to the US dollar, or 87.44 US cents, little changed from Friday's close of C$1.1432, or 87.47 US cents. On Friday, the currency had touched C$1.1476, or 87.14 US cents, it's weakest since July ...

Dollar, stocks climb as US jobs beat forecast NEW YORK: A surprisingly strong US jobs report lifted the dollar to a five-and-a-half year high against a basket of currencies on Friday, while stocks climbed, led by financial shares. Investors priced in a US interest rate hike by mid-2015 and US Treasuries prices dropped following the Labor Department data, which showed US employers hired more workers in November than during any month in nearly three years. Non-farm payrolls surged by 321,000 last month, the ...
C$ steady as focus turns to jobs reports TORONTO: The Canadian dollar was little changed against the greenback on Thursday as the market paused in anticipation of Friday's release of US and Canadian employment reports for November.The currency has had big swings of between half a cent and more than a cent over the past five sessions, mostly in reaction to a plunge oil prices after the Organization of the Petroleum Exporting Countries decided not to pull back on production despite a glut ...
C$ weakens as oil resumes fall; Bank of Canada in focus TORONTO: The Canadian dollar softened against the greenback on Tuesday amid uncertainty over whether crude oil prices have bottomed after oil resumed its retreat after recouping some recent losses on Monday.Canada is a major exporter of crude and its currency has fallen in recent months as crude prices have plunged.Last week, the Organization of the Petroleum Exporting Countries decided not to cut back its production targets, leaving the market nervous about how low crude prices ...
Dollar at 4-1/2 year high, commodity currencies pressured NEW YORK: The dollar rebounded on Tuesday, supported by a retreat in oil prices that has helped to lift it against commodity-linked currencies.In mid-morning New York trade, the dollar index reached a 4-1/2 year high, while the greenback gained 1 percent against the Norwegian crown and hit a fresh 7-year high against the yen.Upbeat comments from two influential Federal Reserve officials stressing the positive impact on the U.S. economy from the drop in energy prices ...
Dollar pulls back after reaching 7-year high vs yen NEW YORK: The dollar fell on Monday against the yen and euro as profit-taking emerged after the US currency hit a seven-year high against the yen that was briefly rattled by Moody's decision to downgrade Japan's credit rating. The greenback rose as high as 119.15 yen on the EBS trading platform, its highest since July 2007, immediately after the rating agency lowered the rating of the world's third biggest economy by a notch to A1 ...
C$ gains on weaker greenback as oil fights back TORONTO: The Canadian dollar jumped more than a cent against its US counterpart on Monday as oil prices recovered some of their recent heavy losses and allowed the currency to regain all the ground it lost on Friday.Canada is a major oil exporter and its currency is exposed to crude prices, which have fallen for five straight months. Prices sank to new five-year lows early on Monday following OPEC's decision last week not to cut ...

 



 
Index Closing Chg%
Arrow DJIA 17,804.80 0.15
Arrow Nasdaq 4,765.38 0.36
Arrow S&P 2,070.65 0.46
Arrow FTSE 6,545.27 1.23
Arrow DAX 9,786.96 0.25
Arrow CAC-40 4,241.65 0.18
Arrow Nikkei 17,621.40 2.39
Arrow H.Seng 23,116.63 1.25
Arrow Sensex 27,371.84 0.90






ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyOctober
Trade Balance $-2.309 bln
Exports $1.957 bln
Imports $4.266 bln
WeeklyDecember 18, 2014
Reserves $14.04 bln