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C$ hit by disappointing jobs data TORONTO: The Canadian dollar slumped against the greenback on Friday, briefly piercing the C$1.11 level after data showed the domestic economy unexpectedly shed jobs last month, in contrast to an acceleration of jobs growth south of the border.Canada lost 7,000 jobs in February, contrary to expectations for an increase of 15,000. The unemployment rate held steady at 7 percent, but the data was unlikely to give the Bank of Canada much reason to change its neutral policy stance.The report was a setback for the loonie, wiping out most of its gains in the past two days that had pushed the currency to a two-week high on Thursday."The direction of the move makes sense to me ... however, the size of the move was a bit of a surprise to me, even considering the strength of the US report," said Greg Moore, senior currency strategist at Royal Bank of Canada in ...

C$ gains to two-week high on firm building permits data TORONTO: The Canadian dollar firmed against the greenback to a two-week high Thursday on sturdy building permits data in January, though gains could be capped as investors positioned ahead of US and Canadian employment data due out on Friday.Data showed the value of building permits issued in Canada jumped 8.5 percent in January, far surpassing the 1 percent increase economists had forecast. As well, construction intentions in the residential sector hit a record high.The loonie ...
Euro goes to new 2014 high vs dollar on ECB's economy NEW YORK: The euro jumped against the dollar on Thursday to its highest since December and to a peak against the yen not seen since Jan. 23 after the European Central Bank signalled no need for new economic stimulus. ECB President Mario Draghi told a news conference ECB policymakers had concluded that economic conditions did not require shifts in monetary policy. "The lack of any form of easing or action from the ECB helped the ...
Dollar firms slightly ahead of ECB, BoE meetings NEW YORK: The dollar firmed a bit on Wednesday as investors kept an eye on the Ukraine crisis and awaited the outcome of the next day's European Central Bank monetary policy meeting.The euro bought $1.3736 around 2300 GMT, down from $1.3742 late Tuesday.The dollar rose to 102.33 yen from 102.21, while the European unit bought 140.57 yen compared with 140.46 yen the prior day.Although fears of a war between Russia and Ukraine have eased since ...
Euro falls on Ukraine crisis fears NEW YORK: The euro fell on Monday as the escalating Ukraine crisis sent investors fleeing to the dollar and the yen."Currencies, equities and Treasuries were all affected by the escalating tensions between Russia and Ukraine. Some markets were hit harder than others and the magnitude of the impact reflects each country's vulnerability to the crisis," said Kathy Lien of BK Asset Management.The euro slid to $1.3737 around 2300 GMT, down from $1.3800 late Friday.The euro ...
C$ weakens as Ukraine jitters lift greenback TORONTO: The Canadian dollar weakened on Monday as safe-haven buying of the greenback increased after Russian President Vladimir Putin's forces tightened their grip on Ukraine's Crimea region.Data that showed manufacturing activity in China contracted in February, falling for the third month in a row, added to the pressure on the Canadian currency. The loonie is sensitive to economic developments in China, the world's second-largest economy and a major consumer of resources.The military escalation in Crimea ...
Dollar's weakness boosts oil prices NEW YORK: Oil prices pushed higher on Friday, lifted by a weaker dollar.New York's main contract, West Texas Intermediate for April delivery, rose to $102.59 a barrel, a modest increase of 19 cents from Thursday's close.In London trade, Brent North Sea crude for April added 11 cents to settle at $109.07 a barrel.On the last day of trade in February, WTI gained 5.2 percent over the month and Brent increased 2.3 percent.After opening in negative ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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