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Dollar slips further after weak US durable goods data NEW YORK: The US dollar fell against a basket of major currencies on Wednesday after weaker-than-expected US economic data combined with a robust survey of German business morale to drive more unwinding of bullish dollar bets. The euro rose above $1.10 for a second straight session after the Commerce Department said non-defense capital goods orders excluding aircraft dropped 1.4 percent last month after a revised 0.1 percent dip in January. The report gave investors further reason to sell dollars after a long rally in the greenback that some analysts say was overdone."We are hinging on data right now," said Chris Gaffney, president of EverBank World Markets in St. Louis. "This is an example of further unwinding of dollar positions." The stronger-than-expected German IFO indicator for March boosted the euro earlier in the session. Analysts said the greenback remained on an uptrend given the Federal Reserve's inclination toward tighter monetary policy ...

C$ moderately firmer on softer US$, higher crude prices TORONTO: The Canadian dollar was modestly firmer against the US dollar on Wednesday, supported by higher oil prices and weak US data that further pressured the broadly softer greenback.The US dollar, which had rallied for months, and weak global demand likely dragged on US business investment spending plans, which fell for a sixth straight month in February. The durable goods report is the latest data to suggest economic growth has slowed and could prompt economists ...
Dollar slips further after weak US durable goods data NEW YORK: The US dollar fell against a basket of major currencies on Wednesday after weaker-than-expected U.S. economic data combined with a robust survey of German business morale to drive more unwinding of bullish dollar bets.The euro rose above $1.10 for a second straight session after the Commerce Department said non-defense capital goods orders excluding aircraft dropped 1.4 percent last month after a revised 0.1 percent dip in January.The report was the latest data to ...
Dollar recovers against euro as traders still eye 2015 rate hike NEW YORK: The US dollar rebounded against the euro on Tuesday on persistent bullish sentiment toward the greenback tied to the divergence of monetary policy between the United States and Europe, but the impact of last week's Federal Reserve statement limited its gains. The dollar recovered against the euro after two straight sessions of losses on the view that the Fed will still hike interest rates this year, while the European Central Bank continues with ...
C$ firms as greenback stays soft, crude rises TORONTO: The Canadian dollar extended its recent gains against its US counterpart on Tuesday as continued weakness in the greenback lifted dollar-priced crude oil, a key Canadian export, and other commodities.Speculation since last week's US Federal Reserve statement that the Fed might delay hiking interest rates has put the US currency under pressure."The general trend here is probably still geared toward US dollar softening a bit more," said Shaun Osborne, chief currency strategist at TD ...
Dollar falls on more unwinding of bullish bets after Fed NEW YORK: The US dollar fell for a second straight session against a basket of major currencies on Monday after traders unwound bullish dollar positions on the likelihood that Federal Reserve policy will be accommodative over the near term.The dollar added to its losses against the euro following a Fed statement on March 18 that suggested a less aggressive timetable for hiking interest rates. Last week was the dollar's worst week against the currency since ...
C$ strengthens slightly as greenback resumes fall TORONTO: The Canadian dollar continued to strengthen against the greenback on Monday as last week's US dollar selloff against major currencies was given another push by comments from a US Federal Reserve official.The greenback has struggled since a Fed statement last week that signaled a slower approach to raising interest rates than some investors had expected."We're seeing a bit of CAD strength really on the back of that broader US dollar weakening," said Camilla Sutton, ...

 



 
Index Closing Chg%
Arrow DJIA 18,080.14 0.12
Arrow Nasdaq 5,092.09 0.71
Arrow S&P 2,117.69 0.23
Arrow FTSE 7,070.70 0.24
Arrow DAX 11,810.85 0.74
Arrow CAC-40 5,201.45 0.44
Arrow Nikkei 20,020.04 0.83
Arrow H.Seng 28,060.98 0.84
Arrow Sensex 27,437.94 1.07





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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%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyApril 16, 2015
Reserves $16.818 bln