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C$ firms as markets await Fed statement TORONTO: The Canadian dollar firmed against the greenback for a third day on Wednesday but gains were limited by investor caution ahead of a policy statement by the US Federal Reserve later in the day.Market speculation has been rife over whether the US central bank will change its language on how long it will hold interest rates at ultra-low levels.Expectations that the statement will be a bit more hawkish sparked a nearly 2 percent selloff in the loonie last week, but the market was more cautious on Wednesday.The Fed will issue its statement at 2 p.m. EDT (1800 GMT), at the conclusion of a two-day policy-setting meeting, along with new economic and rate projections. A press conference by Fed Chair Janet Yellen will follow at 2:30 p.m.In previous statements, the Fed has said it will keep rates low for a "considerable time" after its bond-buying program ends. That is likely ...

Dollar slips vs euro after U.S. CPI data hints at dovish Fed NEW YORK: The US dollar edged lower against the euro on Wednesday after data showed U.S. consumer prices fell last month, fuelling scepticism that the Federal Reserve will adopt a more hawkish tone in a policy statement later in the session.The Labor Department said its Consumer Price Index fell 0.2 percent in August as a broad decline in energy prices offset increases in food and shelter costs, marking the first dip since April of 2013 ...
C$ lifted by factory data; eyes on Bank of Canada TORONTO: The Canadian dollar strengthened against the greenback on Tuesday after data showed factory sales rose strongly in July, with the currency extending its recovery from the more than five-month low it hit the previous session.Markets were looking ahead to a speech by the head of the Bank of Canada later in the day. In his first speech since the central bank reaffirmed its neutral policy stance earlier this month, Governor Stephen Poloz will talk ...
Dollar inches lower ahead of Fed meeting outcome NEW YORK: The dollar slipped on Tuesday as investors booked profit on the currency's recent rally ahead of a Federal Reserve meeting that could potentially turn more upbeat on the U.S. economy and flag an interest-rate increase sooner rather than later.The dollar index, a measure of the greenback's value against six major currencies, was on track for its 10th weekly gain. Since May, the index has gained nearly six percent, but on Tuesday, it dipped ...
Dollar climbs as Fed seen turning more hawkish this week NEW YORK: The dollar rose against major currencies on Monday, bolstered by expectations the Federal Reserve this week will acknowledge anew improvements in the US economy and provide fresh details about the US central bank's looming tightening policy. The dollar index, a measure of the greenback's value against six major currencies, has posted weekly gains for nine straight weeks on evidence the US economy has continued to gain traction relative to other major nations.The index ...
C$ firms as it bounces off key resistance level TORONTO: The Canadian dollar firmed against the greenback on Monday, recovering from a more than five-month low hit overnight as the currency pairing backed away from resistance at C$1.11.Investors started the week with some major events on the horizon, including a policy statement by the US Federal Reserve on Wednesday and a speech from the head of the Bank of Canada on Tuesday.Also, Scotland's referendum on whether to leave the United Kingdom will come on ...
C$ firms as bounces off key resistance level TORONTO: The Canadian dollar firmed against the greenback on Monday, bouncing back from a more than five-month low hit overnight, even after data over the weekend showed the Chinese economy lost steam in August.Investors started the week with some major events on the horizon, including a policy statement from the US Federal Reserve on Wednesday and a speech from the head of the Bank of Canada on Tuesday.Scotland's vote on whether to leave the United ...

 



 
Index Closing Chg%
Arrow DJIA 16,974.31 0.18
Arrow Nasdaq 4,549.23 0.33
Arrow S&P 1,982.30 0.14
Arrow FTSE 6,453.87 0.81
Arrow DAX 9,082.81 0.16
Arrow CAC-40 4,110.64 0.05
Arrow Nikkei 15,553.91 1.46
Arrow H.Seng 23,819.87 1.27
Arrow Sensex 27,098.17 0.81





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln