All
 

 

Just in:  

You are here: Home»Markets»FXMM»Americas

Americas

Archive

Dollar crumbles, falls to nine-week low as US GDP disappoints NEW YORK: The dollar dropped to a nine-week low on Wednesday after data showed the U.S. economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve.Benefiting from the dollar's losses, the euro climbed to an eight-week peak, buoyed by data showing a euro zone recovery gathering pace.The dollar index, a gauge of the greenback's value against major currencies, hit its lowest level since late February, falling for a sixth consecutive day.Data on Wednesday showed the U.S. economy grew just 0.2 percent in the first quarter, down sharply from the fourth quarter's 2.2 percent clip. The first-quarter reading was also much lower than market expectations for a 1.0 percent growth."The(GDP) breakdown is not as weak as the final sales number and inventory build data suggests," said Alan Ruskin, global head of currency strategy at Deutsche Bank ...

Dollar tumbles to eight-week low as US GDP disappoints NEW YORK: The dollar dropped to an eight-week low on Wednesday after data showed the US economy grew much more slowly than expected in the first quarter, reinforcing expectations for a gradual pace of interest rate rises by the Federal Reserve.Benefiting from the dollar's losses, the euro climbed to an eight-week peak, buoyed by data that showed a euro zone recovery gathering pace. The dollar index, a gauge of the greenback's value against six major ...
C$ gains on weak US$, at strongest since Jan rate cut TORONTO: The Canadian dollar rose against a slumping greenback on Tuesday, hitting its strongest level since the Bank of Canada shocked markets with a rate cut in January.The US dollar hit an eight-week low as the Federal Reserve meets to set its latest monetary policy. Investors are hoping the central bank will provide clues on when it will raise interest rates.The US economy has shown signs of slowing in a run of lackluster first-quarter economic ...
Dollar falls to 8-week low on US consumer confidence; traders eye Fed NEW YORK: The dollar dropped to an eight-week low on Tuesday after an unexpectedly weak U.S. consumer confidence report for April, with investors growing cautious about a Federal Reserve meeting starting later in the day.That meeting could reinforce the view that the pace of U.S. interest rate increases would be slower than initially thought. The Fed is expected to keep interest rates on hold, but the main focus will be on the statement at the ...
Euro gains as Greece revamps bailout negotiating team NEW YORK: The euro climbed to three-weak peaks against the dollar on Monday, on optimism about Greece's prospects after the government reshuffled its bailout negotiating team to forge a deal with lenders about more aid for the cash-strapped country and avoid a default. Greece looks set to run out of funds in the coming weeks. On Monday, Greek Prime Minister Alexis Tsipras appointed Deputy Foreign Minister Euclid Tsakalotos, an economist well liked by officials representing ...
Dollar edges higher as markets await Fed meeting NEW YORK: The dollar firmed on Monday, recovering from recent losses in the wake of some weak US economic data, but gains are expected to be contained ahead of the Federal Reserve's key monetary policy meeting this week.The Fed will announce a decision on monetary policy on Wednesday which will help set the tone for the dollar in the near to medium term. The dollar's searing rally since the summer of last year had slowed ...
Dollar falls on housing dip, euro rises on fading Greek fears NEW YORK: The dollar was knocked lower on Thursday by a decline in U.S. new-home sales fanning worries about U.S. economic growth, while the euro rose more than 1 percent on waning fears of a Greek default.New home sales declined 11.4 percent in March to a seasonally adjusted annual rate of 481,000 units, according to U.S. government data. The drop was the biggest since July 2013 and came after three straight months of hefty gains.Data ...

 



 
Index Closing Chg%
Arrow DJIA 17,683.58 0.26
Arrow Nasdaq 4,991.94 0.34
Arrow S&P 2,068.76 0.39
Arrow FTSE 6,535.68 0.76
Arrow DAX 10,890.63 1.52
Arrow CAC-40 4,711.54 2.01
Arrow Nikkei 20,112.12 2.08
Arrow H.Seng 25,236.28 3.18
Arrow Sensex 28,208.76 0.41





New 2015 adidas and Nike Soccer Cleats at Kicks Corner uk



Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 06, 2015
Reserves $18.201 bln