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C$ strengthens after trade data, higher crude TORONTO: The Canadian dollar strengthened against its US counterpart on Tuesday, supported by stronger crude prices and following data that showed a jump in Canada and the United States' trade deficits.A record trade deficit of C$3.02 billion ($2.50 billion) in March initially sent the loonie into sharp retreat, but the currency quickly recouped losses, strengthening to a session high.Investors also digested US trade numbers, which showed the deficit surged to its highest level in nearly 6-1/2 years."On the Canadian number ... real balance deteriorated a little bit, not quite as bad as the headline suggests," said Benjamin Reitzes, senior economist at BMO Capital Markets."On the US side, a huge increase in real imports. Real exports were just modestly higher, and that suggests we'll get a downward revision to Q1 for US GDP growth."At 9:31 a.m. EDT (1331 GMT), the Canadian dollar, which was outperforming nearly all of its major counterparts, ...

C$ rallies, but awaiting Friday's key jobs data TORONTO: The Canadian dollar rallied more than half a cent against its US counterpart and also strengthened against other major currencies on Monday as crude prices continued to trend higher.Still, the Canadian dollar traded within recent ranges, as market participants awaited key employment data from both the United States and Canada, due on Friday.Brent crude touched a 2015 high earlier in the session prior to retreating, while US crude ended just shy of $59 a ...
Dollar rises on light trade, Swedish crown jumps NEW YORK: The dollar rose for a second straight session on Monday in thin trading, after data suggesting the U.S. economy might be stabilizing following a soft patch in the first quarter helped the dollar recover after a two-week drop.The greenback moved in tight ranges against major currencies as trading was thinned by market holidays in Britain and Japan.The dollar index gained about 0.7 percent on Friday after data showed a jump in consumer sentiment ...
Dollar up vs yen on US data; but index posts worst month in 4 years NEW YORK: The dollar rose against the Japanese yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.Following the upbeat U.S. data, the dollar trimmed its losses against the euro, which had earlier climbed to a two-month peak.That said, the dollar still posted its worst monthly performance in four years against ...
Dollar advances vs yen on upbeat US data NEW YORK: The dollar gained against the yen Thursday after U.S. data showed signs of a stabilizing labor market and an economy that was gathering momentum, putting the Federal Reserve on track to raise interest rates at least once this year.Following the upbeat U.S. data, the dollar trimmed its losses against the euro, which had earlier climbed to a two-month peak.That said, the dollar was on track for its worst monthly performance in four years ...
Dollar crumbles, falls to nine-week low as US GDP disappoints NEW YORK: The dollar dropped to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve.Benefiting from the dollar's losses, the euro climbed to an eight-week peak, buoyed by data showing a euro zone recovery gathering pace.The dollar index, a gauge of the greenback's value against major currencies, hit its ...
Dollar tumbles to eight-week low as US GDP disappoints NEW YORK: The dollar dropped to an eight-week low on Wednesday after data showed the US economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve.Benefiting from the dollar's losses, the euro climbed to an eight-week peak, buoyed by data that showed a euro zone recovery gathering pace. The dollar index, a gauge of the greenback's value against six major ...

 



 
Index Closing Chg%
Arrow DJIA 18,041.54 1.04
Arrow Nasdaq 5,032.75 1.11
Arrow S&P 2,104.20 1.03
Arrow FTSE 6,948.99 1.18
Arrow DAX 11,625.13 1.61
Arrow CAC-40 5,083.54 0.66
Arrow Nikkei 20,437.48 0.12
Arrow H.Seng 28,249.86 0.92
Arrow Sensex 27,531.41 0.41





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyApril
Trade Balance $-1.795 bln
Exports $1.995 bln
Imports $3.790 bln
WeeklyMay 26, 2015
Reserves $17.749 bln