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Dollar rises with U.S. yields, euro holds above lows NEW YORK: The U.S. dollar rose against major currencies on Thursday as higher U.S. bond yields revived appeal for the greenback, while the euro recovered from recent lows on upbeat economic data.The dollar's gains were limited by a bigger-than-expected rise in U.S. weekly jobless claims, while the shared currency has remained pressure by bets the European Central Bank will loosen monetary policy next week to avert deflation.The yen, which had fared well on worries about the global economy and conflict in the Ukraine, broadly underperformed as investor sentiment improved.The dollar index that gauges its value against the euro, yen and four other currencies was up 0.17 percent at 80.232, bringing its month-to-date gain to 0.95 percent.The euro fell 0.2 percent versus the greenback at $1.3655 , recovering from a three-month low of $1.36345 on Wednesday, while the dollar gained 0.3 percent against the yen at 101.63 yen after hitting a ...

Dollar edges up as Fed minutes offer little new NEW YORK: The dollar firmed slightly against the euro on Wednesday as traders digested Federal Reserve meeting minutes that offered little new insight on the direction of US monetary policy.The minutes of the Federal Open Market Committee's April 29-30 meeting showed Wednesday the policy makers launching into how they should prepare the ground for lifting the benchmark federal funds rate from near zero, expected in mid-2015.Fed officials discussed several approaches to policy when they raise ...
C$ weakens, but seen in range ahead of data  TORONTO: The Canadian dollar weakened modestly against the greenback on Wednesday but was expected to stick to its recent trading range as investors looked ahead to key domestic economic data reports due for release later in the week.In May so far, the Canadian dollar has largely traded sideways as analysts weigh modestly improving data against a Bank of Canada that has maintained its neutral policy stance.Figures for retail sales for March and inflation for April ...
Euro down as elections, ECB outlook weighs; dollar rebounds NEW YORK: The euro declined for a second session against the dollar on Wednesday, weighed by expectations of further policy easing by the European Central Bank and political uncertainty ahead of the European Parliamentary elections later this week.The dollar, meanwhile, tumbled to its lowest in more than three months versus the yen in European trading, hurt by optimistic comments about the economy from Bank of Japan Governor Haruhiko Kuroda who gave no hint of further ...
C$ weakens after wholesale trade data disappoints TORONTO: The Canadian dollar weakened against the greenback on Tuesday after data showed an unexpected pullback in domestic wholesale trade in March.The decline brought the loonie to the key C$1.09 area, and investors will be watching to see if the currency now will break out of its recent trading range.Wholesale trade declined by 0.4 percent in March, hurt in part by weaker motor vehicle sales. The loonie fell to a session low immediately after the ...
Dollar slides vs yen as Treasury yields weigh; Aussie drops NEW YORK: The dollar fell for a fifth straight session against the yen on Tuesday, undermined by a persistent fall in U.S. Treasury yields which reflects uncertainty about global economic growth prospects.The Australian dollar was the biggest mover of the day, falling to a two-week low against the greenback on the back of a slide in prices of iron ore, the country's biggest export earner.But gains in the U.S. dollar versus the Australian currency failed ...
Dollar tumbles to 3-1/2-month low vs yen as yields fall NEW YORK: The dollar fell to its lowest in more than three months against the yen on Monday, pressured by a drop in US Treasury yields that may be due to persistent uncertainty about US economic growth prospects.Mixed economic data and a generally dovish outlook from the Federal Reserve have weighed on US bond yields, consequently tempering the dollar's ability to sustain meaningful gains this year."US yields are still the main story," said Vassili Serebriakov, ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln