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Dollar slips further after weak US durable goods data NEW YORK: The US dollar fell against a basket of major currencies on Wednesday after weaker-than-expected U.S. economic data combined with a robust survey of German business morale to drive more unwinding of bullish dollar bets.The euro rose above $1.10 for a second straight session after the Commerce Department said non-defense capital goods orders excluding aircraft dropped 1.4 percent last month after a revised 0.1 percent dip in January.The report was the latest data to suggest economic growth braked sharply early in the year and gave investors further excuse to sell dollars after a long rally in the greenback that some analysts say was overdone."The dollar is overbought and it's expensive, so now any U.S. data weakness we have leads investors to square up overextended dollar positioning," said Mark McCormick, currency strategist, at Credit Agricole in New York.The stronger-than-expected German IFO indicator for March boosted the euro earlier in the ...

Dollar recovers against euro as traders still eye 2015 rate hike NEW YORK: The US dollar rebounded against the euro on Tuesday on persistent bullish sentiment toward the greenback tied to the divergence of monetary policy between the United States and Europe, but the impact of last week's Federal Reserve statement limited its gains. The dollar recovered against the euro after two straight sessions of losses on the view that the Fed will still hike interest rates this year, while the European Central Bank continues with ...
C$ firms as greenback stays soft, crude rises TORONTO: The Canadian dollar extended its recent gains against its US counterpart on Tuesday as continued weakness in the greenback lifted dollar-priced crude oil, a key Canadian export, and other commodities.Speculation since last week's US Federal Reserve statement that the Fed might delay hiking interest rates has put the US currency under pressure."The general trend here is probably still geared toward US dollar softening a bit more," said Shaun Osborne, chief currency strategist at TD ...
Dollar falls on more unwinding of bullish bets after Fed NEW YORK: The US dollar fell for a second straight session against a basket of major currencies on Monday after traders unwound bullish dollar positions on the likelihood that Federal Reserve policy will be accommodative over the near term.The dollar added to its losses against the euro following a Fed statement on March 18 that suggested a less aggressive timetable for hiking interest rates. Last week was the dollar's worst week against the currency since ...
C$ strengthens slightly as greenback resumes fall TORONTO: The Canadian dollar continued to strengthen against the greenback on Monday as last week's US dollar selloff against major currencies was given another push by comments from a US Federal Reserve official.The greenback has struggled since a Fed statement last week that signaled a slower approach to raising interest rates than some investors had expected."We're seeing a bit of CAD strength really on the back of that broader US dollar weakening," said Camilla Sutton, ...
C$ retreats more than 1pc in post-Fed correction TORONTO: The Canadian dollar lost a significant chunk of the hefty gains it made the previous day against the greenback on Thursday as market participants bought back the US dollar and as crude prices softened.The US dollar had tumbled against a range of currencies on Wednesday after the US Federal Reserve gave a much more cautious statement on raising interest rates than anticipated."(Yesterday) was a large 2.2 percent move in the Canadian dollar against the ...
Dollar rallies on persistent bullishness after sharp losses NEW YORK: The dollar rebounded broadly on Thursday after posting steep losses the previous session following a much more cautious Federal Reserve statement on interest rates than expected, as investors remained bullish on the greenback.The dollar suffered its biggest one-day fall against the euro and sterling in six years on Wednesday. Against the Swiss franc, it posted its worst daily performance since Jan. 15, when the Swiss National Bank removed a peg on the Swiss ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln