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C$ retreats as crude prices slip TORONTO: The Canadian dollar was softer against its US counterpart on Monday, tracking weaker oil prices, and with little else on the domestic calendar this week, the currency is expected to take its cues from external drivers.The commodities-linked Canadian dollar has been moving closer in tandem with the price of crude, a major Canadian export, and prices have slumped to four-year lows recently on concerns of an oil glut.Brent crude fell on Monday after Japan, the world's fourth-biggest crude importer, slipped into recession and as Saudi Arabia reiterated the oil price should be left to supply and demand.Currency watchers have noted the Canadian dollar has otherwise performed reasonably well against the greenback relative to other currencies."Generally the data's been quite good in Canada, so I think that has allowed the Canadian dollar hold its own against what's been a very pro-US dollar trend over the past number of weeks," said ...

C$ firms slightly, boosted by oil, factory sales OTTAWA: The Canadian dollar firmed modestly against the greenback on Friday, sticking to a tight range as it was supported by data that showed domestic factory sales rose more than expected in September.A higher price of oil also helped the loonie stabilize theday after a drop in crude knocked the currency lower. Whip-saw trading for the Canadian dollar in recent sessions, partly due to movements in oil prices, has left the currency moving sideways for ...
Dollar gets lift from strong US retail data, yen decline NEW YORK: The dollar rallied on Friday, helped by unexpectedly strong US retail sales data and a slide in the yen to seven-year lows against the dollar on bets Japanese Prime Minister Shinzo Abe will call early elections and delay a sales tax increase. The euro also fell against the dollar and briefly dipped below $1.24, at $1.2399, despite better-than-expected euro zone economic growth numbers.The currency, which traded near $1.40 in May, is now close ...
C$ weakens slightly, weighed by dip in oil price TORONTO: The Canadian dollar was slightly weaker against its US counterpart on Thursday, as traders sold on any sign of strength in the Canadian unit, with a weak oil price blunting enthusiasm for the resource-linked currency.The loonie, as Canada's currency is colloquially known, has settled into a tighter range in recent sessions after a sharp weakening last week."The oscillation between C$1.13 and C$1.14 since the payroll numbers has really been in play...there were no legs ...
Dollar nears 7-year peak vs yen on Japan election speculation NEW YORK: The dollar on Thursday traded near a seven-year high against the yen on stepped-up speculation that Japanese Prime Minister Shinzo Abe will call a snap election in December.The greenback also posted gains against Britain's pound, which plumbed 14-month lows against the U.S. currency, but was mixed against other major currencies.The U.S dollar index basket of currencies was off 0.1 percent after New York Federal Reserve President William Dudley said any premature tightening in ...
Dollar hits 7-year high on yen NEW YORK: The dollar eased against the euro but hit a seven-year high on the yen Tuesday in a market quiet because of the Armistice Day and Veterans Day celebrations in Europe and the United States.The dollar topped 116 yen before pulling back slightly.Fawad Razaqzada of called the yen's slide "merely a continuation of the selling that came as a result of the Bank of Japan's surprise decision to increase its asset purchases program ...
C$ gains nearly a cent on robust domestic jobs report TORONTO: The Canadian dollar strengthened by nearly a cent against its US counterpart on Friday following a surprisingly robust jobs report for Canada last month and solid US employment figures.Canada added 43,100 new jobs in October, and the unemployment rate dropped to a nearly six-year low of 6.5 percent, according to Statistics Canada. Analysts were expecting a loss of 5,000 jobs on the heels of September's massive 74,100 gain.The US labor market also grew at ...


Index Closing Chg%
Arrow DJIA 17,810.06 0.51
Arrow Nasdaq 4,712.97 0.24
Arrow S&P 2,063.50 0.52
Arrow FTSE 6,750.76 1.08
Arrow DAX 9,732.55 2.62
Arrow CAC-40 4,347.23 2.67
Arrow Nikkei 17,357.51 0.33
Arrow H.Seng 23,437.12 0.37
Arrow Sensex 28,334.63 0.95

Banking Review 2013

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln