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Canadian dollar rebounds on crude rally TORONTO: The Canadian dollar was stronger against the greenback on Monday as oil prices rallied for a third straight session and helped give the commodities-linked currency a lift.After retreating against the US dollar on Friday on strong US jobs and wage data, the loonie was buoyed on Monday by an OPEC forecast that demand for its oil would be greater than expected this year, as well as figures that showed the number of US rigs drilling for oil fell to its lowest level since December 2011.Canada is a major crude exporting country, and its currency has been especially sensitive to crude prices, which have plunged more than 50 percent since last June."If we can comfortably stay for a while above $50 (a barrel) - that's a bit of an if - but if we can, that maybe does cap the USD/CAD move to the upside, at least until the Fed ...

Yen rises on worries about Greece, Ukraine NEW YORK: The yen firmed against the dollar and euro on Monday as investors sought safety in the Japanese currency on worries about the conflict in Ukraine and Greece's future in the eurozone.The yen rose after two straight days of losses against the dollar and so far this year has gained 0.7 percent. It took a beating on Friday after a strong U.S. jobs report rekindled optimism about a rate by the Federal Reserve this ...
C$ weakens after dual North American jobs data TORONTO: The Canadian dollar weakened slightly on Friday in the minutes after both Canada and the United States released monthly employment data for January.Both headline figures were strong, with investors taking the US numbers to mean an earlier Federal Reserve rate hike was possible.The Canadian currency hit C$1.25, or 80 US cents, before settling at around C$1.2465. It closed on Thursday at C$1.2424. Copyright Reuters, 2015 ...
Dollar gains after US jobs data raises mid-year rate hike expectations NEW YORK: The US dollar advanced against major currencies on Friday after data showed US jobs growth rose solidly and wages rebounded strongly in January, bolstering views that the Federal Reserve will hike interest rates by mid-year. The US Labor Department said nonfarm payrolls increased by 257,000 last month, beating economists' expectations for a rise of 234,000 jobs according to a Reuters poll, while data for November and December was revised to show a whopping ...
Latam currencies gain with oil; real pressured by Petrobras RIO DE JANEIRO: Most Latin American currencies rose on Thursday as oil prices recovered part of their recent losses, but concern about a growing corruption scandal at Brazil's state-run oil company Petrobras weighed on the real.The currencies of Mexico, Chile, and Colombia rose between 0.4 percent and 1.0 percent as prices of oil and other commodities rallied, boosting the export outlook for those countries.Still, the Brazilian real seesawed around the unchanged mark, one day after ...
Dollar falls vs euro on Swiss bank speculation, optimism on Greece NEW YORK: The US dollar tumbled against the euro while the euro rose against the Swiss franc on Thursday on speculation the Swiss National Bank was buying euros and as traders took a sanguine view on developments surrounding Greece. The view that the Swiss central bank was buying euros to weaken the franc boosted the euro broadly and helped the currency reverse losses it posted on Wednesday when the European Central Bank said it would ...
C$ firms, shadowing higher oil prices TORONTO: The Canadian dollar strengthened against the greenback on Thursday as crude prices rebounded from the previous session's plunge and remained the currency's primary mover."The better oil prices have been the main reason for the Canadian dollar to appreciate," said Charles St-Arnaud, senior economist and strategist at Nomura Securities in London.The market was also digesting data that showed Canada's trade deficit in December was significantly smaller than had been expected by analysts. Still, it nearly ...


Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65

ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln