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C$ strengthens after neutral Bank of Canada TORONTO: The Canadian dollar strengthened against the greenback on Wednesday after the Bank of Canada repeated its neutral policy stance, even as it highlighted new concern over the stretched household sector.The loonie had already been trading higher heading into the statement, benefiting from stronger risk appetite in broader markets as investors were hopeful for a de-escalation of tensions between Ukraine and Russia.But the currency extended gains to hit a session high following the Bank of Canada statement, which analysts said was slightly less dovish than expected."What we have is a fairly neutral statement overall," said Camilla Sutton, chief currency strategist at Scotiabank in Toronto.Without an accompanying press conference from Governor Stephen Poloz, markets didn't get a chance to hear what is usually a more dovish tilt from the head of the central bank, said Sutton.The central bank's comments on the household sector also grabbed the market's attention as it said ...

Euro-dollar flat, pound hit by Scottish poll NEW YORK: The euro-dollar exchange rate held steady Tuesday despite improved US data on construction and manufacturing, with traders focusing on Thursday's European Central Bank policy meeting.Meanwhile the pound took a hit after a poll showed Scottish independence advocates had a chance to win the September 18 referendum on breaking from the United Kingdom.The euro was at $1.3132, a pinch above Monday's close, on hold for the ECB's response to a steady stream of poor ...
Canadian dollar weaker ahead of central bank rate decision TORONTO: The Canadian dollar weakened against the greenback on Tuesday to its lowest level in nearly a week, hurt by broad strength in its US counterpart, while investors looked ahead to a monetary policy statement from the Bank of Canada due on Wednesday.The decline saw the loonie unwind some of last week's rally and took it through the closely watched C$1.09 level. The Canadian dollar rose 0.6 percent last week, lifted by a number of ...
Euro hits 1-year low vs dollar on ECB bets; sterling falls NEW YORK: The euro sagged on Tuesday to fresh one-year lows against the dollar on bets the European Central Bank will do more to help a wobbly euro zone economy, while the pound fell to a near five-month low versus the greenback on worries about a Scottish secession.The dollar rose against a basket of major currencies, hitting its highest since July 2013. It traded above 105 yen for the first time in eight months on ...
Dollar jumps after US data; bond prices slump NEW YORK: The dollar jumped to its highest this year against the yen on Tuesday, lifted by strong US economic data, while the euro slipped to a one-year low on speculation the European Central Bank will move toward looser monetary policy when it meets later this week.US manufacturing activity rose to its highest level in nearly 3-1/2 years in August and construction spending rebounded strongly in July, in the latest signs of the US economy's ...
Solid US data lifts dollar vs. euro, yen NEW YORK: The dollar rose against the euro and the yen Friday as traders appeared to look past a disappointing US consumer spending report to focus on mostly brighter economic data.A small, unexpected fall in US consumer spending in July the first drop in six months made little impression on the market. US data has been mostly upbeat this week, in contrast to persistent weakness in the eurozone economy."The US dollar is seeing long-term sentiment ...
C$ firms for 4th day after strong GDP data TORONTO: The Canadian dollar firmed against the greenback on Friday, making a fourth day of gains in a row after data showed the domestic economy grew at a faster pace than expected in the second quarter.The loonie is up about 1 percent for the week, partly fueled by a sharp gain on Wednesday and putting it on track for its best week since late March.A number of factors have driven the loonie higher, including fund ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln