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Dollar climbs as euro struggles near 1-year low NEW YORK: The dollar rose on Monday as the euro dropped on weak German economic data and comments by European Central Bank chief Mario Draghi raised market expectations of quantitative easing in the euro zone.The U.S. dollar index, which values the greenback against a basket of a half dozen major currencies, was up 0.22 percent in early New York trading after touching a 2014 high of 82.588.The index, which was up for a seventh straight session, was last at these levels in September 2013."The (dollar) is strong, but most importantly the (euro) is weak, having dropped to a fresh 11-month low on President Draghi's recognition that inflation expectations have fallen," said Scotia Capital strategist Camilla Sutton in Toronto.Germany's Ifo business climate index, based on a monthly survey of some 7,000 companies, fell to 106.3 from 108, undershooting a Reuters consensus forecast of 107, as a conflict between Russia and Ukraine ...

C$ weakens as investors mull central bank policies TORONTO: The Canadian dollar weakened against the greenback on Monday, hurt by concerns that diverging paths for central bank policy could leave the Bank of Canada on the sidelines even when the Federal Reserve ultimately starts raising rates.On the economic front, the loonie had few catalysts, with no domestic data on the docket until Friday's gross domestic product report. Analysts are forecasting the economy likely bounced back in the second quarter after being hit by ...
Dollar continues push higher against euro NEW YORK: The US dollar pushed to its highest level against the euro in 11 months, helped by Federal Reserve meeting minutes which showed an increasing focus on inflation.The third straight gain for the greenback took it to $1.3258 per euro, up 0.45 percent for the day, and capped a three-month run from the $1.39 per euro level.The dollar was already headed up early Wednesday after Eurostat the official statistics agency reported that exports from ...
C$ hemmed in by strength in the greenback TORONTO: The Canadian dollar was little changed against the greenback on Wednesday, hampered by broad strength for the US dollar and as investors were looking ahead to domestic inflation data at the end of the week.The loonie saw little reaction to a report that showed Canadian wholesale trade rose more than expected in June and the volume of sales grew as well.Without any more domestic catalysts on tap until Friday, the Canadian dollar was left ...
US dollar hovers near 11-month highs ahead of Fed minutes NEW YORK: The US dollar advanced further on Wednesday, holding at over 11-month highs against a basket of major currencies on a view the U.S. economy was improving and that minutes from the Federal Reserve's July meeting could show a slightly less dovish tilt.The greenback hovered near 11-1/2-month highs against the euro and 4-1/2-month highs against the yen after Tuesday's stronger-than-expected data on U.S. housing starts for July, which analysts said reinforced an optimistic view ...
Dollar firms after upbeat US housing data NEW YORK: The dollar strengthened against other major currencies Tuesday after US data showed an encouraging surge in housing construction and inflation remained tame.US housing starts jumped 15.7 percent in July to the highest pace since last November, and building permits gained 8.1 percent.A slight 0.1 percent rise in US consumer prices in June month-over-month left the annual rate up 2.0 percent, a level the Federal Reserve's monetary policy makers have regarded as non-threatening.Weak eurozone ...
C$ weakens as US data boosts the greenback TORONTO: The Canadian dollar weakened against the greenback on Tuesday as encouraging economic data south of the border prompted investors to pick up the US currency, to the detriment of the loonie.The Canadian dollar saw little benefit from renewed risk appetite in other financial markets as concerns over geopolitical tensions between Ukraine and Russia eased.Despite some intraday swings, the loonie has mostly moved sideways since the end of July. While analysts expect the currency could ...

 



 
Index Closing Chg%
Arrow DJIA 17,122.01 0.09
Arrow Nasdaq 4,569.62 0.02
Arrow S&P 2,000.12 0.01
Arrow FTSE 6,830.66 0.12
Arrow DAX 9,569.71 0.19
Arrow CAC-40 4,395.26 0.04
Arrow Nikkei 15,534.82 0.09
Arrow H.Seng 24,918.75 0.62
Arrow Sensex 26,560.15 0.44





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 25, 2014
Reserves $13.925 bln