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Canadian dollar rests near 12-month high  TORONTO: The Canadian dollar hovered at a one-year high versus the US dollar on Monday, buoyed by last week's strong domestic employment report and hopes of more policy easing in the United States.   Canada on Friday reported the economy added 34,300 jobs in August, topping all expectations of analysts surveyed by Reuters. Canada has recouped all the jobs lost in the recession, and employment stands 176,600 higher than in August 2011, with most of the increases in full-time positions.   By comparison, US jobs growth slowed sharply in August, with nonfarm payrolls up only 96,000, well below what would normally be needed to put a dent in the jobless rate and setting the stage for the Fed to pump additional money into the sluggish economy when it meets later this week.   At 8:20 a.m. (1220 GMT), the Canadian dollar stood at C$0.9770 against the greenback, or $1.0235, slightly firmer than Friday's North American session ...

C$ crests to 12-month high as jobs top views  TORONTO: The Canadian dollar peaked to its firmest level in a year against its US counterpart on Friday as a "perfect storm" of risk appetite and stronger-than-expected domestic employment data pushed the currency through the C$0.98 level. The Canadian economy added 34,300 jobs last month, topping all expectations of analysts surveyed by Reuters. Canada has recouped all the jobs lost in the recession, and employment stands 176,600 higher than in August 2011, with most of the ...
US dollar falls, gold rallies as jobs data spurs Fed hope  NEW YORK: The US dollar sank against major currencies on Friday and gold prices jumped to a six-month high as anemic American jobs growth fueled investor bets that the Federal Reserve will launch another round of monetary stimulus for the world's biggest economy, perhaps as soon as next week. Yields on safe-haven US Treasuries slumped on the disappointing August jobs data, while yields on Spanish and Italian government debt extended their slide to multi-month lows after ...
C$ soars to strongest level since Sept. 2011  TORONTO: The Canadian dollar touched its strongest level in nearly a year on Friday after Canadian employment data showed the economy added a higher-than-expected 34,300 jobs in August. Canada's dollar firmed to C$0.9778 against the greenback, or C$1.0227, from C$0.9818, or $1.0185 just before the data was released. This was the currency's strongest level since Sept. 19, 2011. Copyright Reuters, 2012 ...
Dollar falls on weak US jobs report, shares trim gains  LONDON: The dollar fell and US stock futures lost ground after a smaller than expected rise in nonfarm payrolls for August on Friday dented a rally in risk assets that followed the European Central Bank's new plan to tackle the region's debt crisis. Nonfarm payrolls increased by 96,000 last month, compared with forecasts for 125,000 new jobs, while the unemployment rate dropped to 8.1 percent from 8.3 percent in July, raising expectations that the US Federal ...
Euro rallies vs dollar on ECB bond-buying plan  NEW YORK: The euro hit a two-month peak against the US dollar in choppy trading on Thursday after the European Central Bank unveiled a new and potentially unlimited bond-buying program to stem the euro zone debt crisis. Investors have been anticipating the plan for weeks, and the details European Central Bank President Mario Draghi announced at a news conference were largely in line with expectations. Draghi gave few new details on the program, however, initially disappointing investors ...
C$ rallies on US labor news, ECB move  TORONTO: The Canadian dollar advanced against its US counterpart on Friday morning, buoyed by some rare positive data from the struggling US labor market and gaining tepid support from European Central Bank's much-anticipated move to launch a bond-buying program to try to draw a line under the region's debt crisis. The US private sector added 201,000 jobs in August - more than economists had expected - while the number of Americans filing new claims for jobless ...

 



 
Index Closing Chg%
Arrow DJIA 17,131.97 0.59
Arrow Nasdaq 4,552.76 0.75
Arrow S&P 1,998.98 0.75
Arrow FTSE 6,792.24 0.18
Arrow DAX 9,632.93 0.28
Arrow CAC-40 4,409.15 0.44
Arrow Nikkei 15,911.53 0.23
Arrow H.Seng 24,136.01 0.91
Arrow Sensex 26,492.51 1.21





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 15, 2014
Reserves $13.414 bln