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C$ extends gains after Poloz reaffirms rate cut ‘insurance’ TORONTO: The Canadian dollar strengthened to a session high against the U.S. dollar on Tuesday after Bank of Canada Governor Stephen Poloz reiterated the bank's position that the surprise interest rate cut in January bought time to see how the economy was responding to a decline in oil prices.The Canadian dollar hit C$1.2516 to the U.S. dollar, or 79.90 U.S. cents, stronger than prior to his comments and stronger than Monday's finish of C$1.2576, or 79.52 U.S. cents.Copyright Reuters, 2015 ...

Dollar dips as Yellen gives no rate hike timing NEW YORK: The dollar weakened slightly against a basket of currencies on Tuesday, erasing earlier gains as Federal Reserve Chair Janet Yellen offered no commitment as to when the U.S. central bank might raise interest rates.The euro found support after euro zone partners approved Greece's reform plan, a requirement for the cash-strapped nation to receive a four-month extension to its bailout.A dollar rally has paused in recent days in the wake of weaker-than-expected data on ...
C$ slips ahead of Fed's Yellen and Bank of Canada's Poloz TORONTO: The Canadian dollar weakened against the greenback for a fifth straight session on Tuesday as markets awaited comments from the heads of the Canadian and US central banks, seeking clues on when the two banks will make their next interest rate moves.Janet Yellen will give the US Federal Reserve's semi-annual Monetary Policy Report to the Senate BankingCommittee at 10 a.m. EST (1500 GMT), with investors hoping to get more guidance on when the Fed ...
Dollar little changed as Yellen gives no rate hike timing NEW YORK: The dollar was up slightly against a basket of currencies on Tuesday, almost erasing earlier gains as Federal Reserve Chair Janet Yellen offered no commitment as to when the U.S. central bank might raise interest rates.The euro found support after euro zone partners approved Greece's reform plan, a requirement for the cash-strapped nation to receive a four-month extension to its bailout.A dollar rally has paused in recent days in the wake of weaker-than-expected ...
Dollar rises before Tuesday's Yellen testimony, euro falls NEW YORK: The dollar rose on Monday against most currencies as investors await clues from Tuesday's testimony from U.S. Federal Reserve Chair Janet Yellen before a Senate panel on the timing of a possible interest rate increase.The euro retreated on lingering doubts over whether Greece's four-month bailout extension struck late Friday would lead to a deal over how to keep Athens solvent. A somewhat disappointing private report on German business confidence spurred further selling in ...
C$ extends retreat as crude prices fall TORONTO: The Canadian dollar weakened against its US counterpart for the fourth straight session on Monday, hurt in large part by another slide in oil prices.Crude prices, which had more than halved between June and January, retreated on worries of excess crude supply. US crude stocks, which are already at record highs, are expected to build in the coming months. The pace of the US rig count decline, which helped provide some price support, also ...
Canadian dollar weakens to session low after soft retail sales TORONTO: The Canadian dollar weakened to session low on Friday after data showed retail sales dropped by a more-than-expected 2.0 percent in December, the largest decline since April 2010.The currency weakened to C$1.2531 against the US dollar, or 79.80 US cents, from its close at C$1.2498 to the greenback, or 80.01 US cents on Thursday. Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 18,096.90 0.58
Arrow Nasdaq 4,967.14 0.26
Arrow S&P 2,098.53 0.44
Arrow FTSE 6,919.24 0.44
Arrow DAX 11,390.38 0.98
Arrow CAC-40 4,917.35 0.99
Arrow Nikkei 18,703.60 0.59
Arrow H.Seng 24,465.38 0.96
Arrow Sensex 29,380.73 0.72







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln