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Dollar falls on easing eurozone fears  NEW YORK: The dollar weakened against other major currencies Tuesday as investors grew more willing to take risks amid speculation that the eurozone's debt crisis may be on the mend. The euro surged to $1.2470 around 2100 GMT, up from $1.2342 at the same time Monday. Earlier the European currency hit $1.2488, a seven-week high. The euro also rose against the Japanese currency, to 98.84 yen from 97.97 yen Monday. The dollar slipped to 79.27 yen from 79.35 yen. Analysts said that optimism was settling in over Europe's attempts to address the eurozone debt crisis, encouraging investors to pull away from the safe-haven dollar. "Investors the world over are coming to terms with the European Central Bank's reported plan to put a cap on sovereign bond yields for struggling nations of the eurozone," said Neil Gilbert, an analyst at FX360. "I say 'reported plan' because nothing has been confirmed at this point by anyone of power ...

Latam FX mixed on economic outlook concerns  RIO DE JANEIRO: Latin American currencies traded mixed for a second day on Friday as investors sought signs about the direction of global economic growth and what steps Europe will take to deal with its sovereign debt crisis. Action and comments by European leaders and the euro zone's central bank (ECB) have yet to provide investors with a convincing plan for helping Greece, Spain, Italy, Portugal and Ireland to revive growth and avoid default, said Joao ...
Dollar hits 5-week high vs yen after US consumer survey  NEW YORK: The dollar hit a five-week high versus the yen while the euro fell to a session low against the greenback on Friday after a survey showed US consumer sentiment picking up in early August to its highest in three months. The dollar hit its highest since mid-July at 79.53 yen and last traded at 79.50, up 0.2 percent on the day. The euro fell as low as $1.2306 and last traded at $1.2314, down 0.3 ...
Euro falls below $1.23 after US consumer sentiment survey  NEW YORK: The euro extended losses versus the dollar on Friday after a survey showed US consumer sentiment improving in early August to its highest level in three months. Sales at retailers and low mortgage rates spurred Americans to boost their buying plans. The euro fell below $1.23 to hit a global session low of $1.2295. It last traded at $1.2304, down 0.4 percent on the day, according to Reuters data. Copyright Reuters, 2012 ...
C$ weakens to session low after inflation data  TORONTO: Canada's dollar slipped to a session low against its US counterpart on Friday after the country's inflation came in tamer than expected in July, bolstering expectations the Bank of Canada will leave interest rates at near-record lows well into 2013. Canada's dollar hit as low as C$0.9902 to the US dollar following the report, or $1.0099, from around C$0.9890, or 1.0111 immediately before the release. Copyright Reuters, 2012 ...
C$ hits 3-month high vs US$, record against euro  TORONTO: The Canadian dollar rose to its strongest level in more than three months against its US counterpart and a record peak versus the euro on Thursday after German Chancellor Angela Merkel voiced support for the European Central Bank's crisis-fighting strategy. The comments by Merkel, made on a visit to the Canadian capital Ottawa, spurred a rally in riskier assets. Merkel said a declaration by European Central Bank chief Mario Draghi last month to do whatever ...
C$ holds steady after recent surge  TORONTO: The Canadian dollar was little changed against its US counterpart on Thursday as the currency's recent surge was being met with some resistance on behalf of investors. On Wednesday the Canadian dollar broke through what analysts referred to as a key "psychological" level, crossing the C$0.99 threshold against the greenback, or $1.01, for the first time since early May. "It definitely is feeling the pressure of continued selling," said C.J. Gavsie, managing director of foreign exchange ...


Index Closing Chg%
Arrow DJIA 17,098.45 0.11
Arrow Nasdaq 4,580.27 0.50
Arrow S&P 2,003.37 0.33
Arrow FTSE 6,825.31 0.08
Arrow DAX 9,479.03 0.09
Arrow CAC-40 4,379.73 0.03
Arrow Nikkei 15,476.60 0.34
Arrow H.Seng 24,752.09 0.04
Arrow Sensex 26,867.55 0.86

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.311 bln
Exports $2.027 bln
Imports $4.338 bln
WeeklyAugust 28, 2014
Reserves $13.582 bln