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Oil's drop, greenback rally pull C$ to 5-1/2 year lows TORONTO: The Canadian dollar extended its new year losses against the US dollar on Monday, retreating to new 5-1/2 year lows as oil prices sank further and the greenback's rally showed no sign of abetting.The US dollar surged broadly, spurred by expectations of monetary policy easing in the euro zone and by rising political concerns in Europe ahead of elections in Greece, which pushed the euro to its lowest level since early 2006.US crude prices slid closer to the $50 mark as worries over soft demand and excess global supply continued to drag on the market. Canada is a major crude exporter and the Canadian dollar has been hit hard by plunging oil prices."It's really being pulled around by the US dollar and crude prices," said Adam Cole, global head of FX strategy at RBC Capital Markets in London."CAD is doing much better on the crosses versus the US dollar, ...

Euro and oil resume fall, stocks slip after weak data NEW YORK: The euro fell further against the US dollar to start 2015, with the European Central Bank likely soon to embark on outright money-printing, while Brent crude fell more than 3 percent before paring losses in a volatile session.Wall Street's equity benchmark was slightly lower on Friday, with dividend plays among the only S&P 500 sectors in the black for the day. The S&P 500 on Wednesday closed its third consecutive year of double-digit ...
Dollar edges up in thin trade, set for strongest year since 2005 NEW YORK: The US dollar looked set on Wednesday to end 2014 with a gain of more than 12 percent against a basket of major currencies, its strongest year in almost a decade and, according to most major banks, just a prelude to a further rise next year.Traders favored the dollar as this year's winning bet heading into the New Year, pushing the euro to a fresh 29-month low against the greenback of $1.2112 and ...
Loonie set to close out worst year since 2008 OTTAWA: The Canadian dollar firmed modestly against the greenback on Wednesday, getting some respite on the last day of a tough 2014 that has the loonie on track for its worst performance in six years.The Canadian dollar started the year as many investors' top short position as the Bank of Canada was expected to remain accommodative.After a sell-off in the first three months, the loonie managed to regain some ground into the summer, only to ...
C$ steadies at the end of dismal 2014 OTTAWA: The Canadian dollar firmed slightly against the greenback on Tuesday and was expected to hew to a tight trading range in subdued holiday volume as the loonie was set to close out its worst year since 2008.Jitters over the future of Greece's bailout program as the country heads to an early election next month sapped investors' appetite for risk, sending the US dollar lower to the benefit of the loonie."Overall, the loonie is following ...
Dollar slips against yen on year-end profit-taking NEW YORK: The US dollar dipped against major currencies on Tuesday after traders booked profits from recent multi-year highs in the greenback, while the safe-haven yen benefited from the move.The dollar, which hit fresh nearly nine-year highs against a basket of major currencies early Tuesday, surrendered some of those gains and hit a 1-1/2-week low against the yen of 118.87 yen as traders closed out profitable dollar bets.The euro also fell against the yen, and ...
C$ little changed as rough 2014 winds down OTTAWA: The Canadian dollar was little changed against the greenback on Monday and was expected to trade in a tight range this week, with the currency on track to close out its worst year since 2008.Investors were keeping an eye on developments in Greece as it heads toward an early general election next month after parliament rejected the prime minister's nominee for president, casting some doubt on the country's international bailout.While the events did not ...


Index Closing Chg%
Arrow DJIA 17,191.37 1.13
Arrow Nasdaq 4,638.00 0.93
Arrow S&P 2,002.16 1.35
Arrow FTSE 6,825.94 0.21
Arrow DAX 10,710.97 0.78
Arrow CAC-40 4,610.94 0.29
Arrow Nikkei 17,795.73 0.15
Arrow H.Seng 24,861.81 0.22
Arrow Sensex 29,559.18 0.04

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.664 bln
Exports $1.966 bln
Imports $3.630 bln
WeeklyJanuary 25, 2015
Reserves $15.019 bln