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Euro climbs to 7-week high vs dollar on Fed, PMI data  NEW YORK: The euro rallied to a fresh seven-week high against the US dollar on Thursday after Federal Reserve minutes hinted at more monetary easing in the United States while French and German business activity surveys were not as bad as feared. The Fed minutes, released on Wednesday, showed the US central bank may opt for more stimulus, which investors view as a third round of quantitative easing, "fairly soon". But the dollar pared some of its losses againt the euro after St. Louis Federal Reserve President James Bullard told CNBC television that data since the last policymakers' meeting had been somewhat better and that the minutes were "a bit stale".. The dollar rose to a session high against the yen as Bullard spoke. Bullard's "comments were in line with the view that QE3 is not a foregone conclusion," said Omer Esiner, chief market analyst at Commonwealth Foreign Exchange in Washington, D.C. "I'm ...

Mexican peso gets hit from US data  MEXICO CITY: The Mexican peso slipped 0.50 percent against the dollar on Thursday after US data showed applications for unemployment insurance rose unexpectedly in the latest week. The peso traded at 13.1451 per dollar. Copyright Reuters, 2012 ...
C$ little changed amid weak data, rate hike doubt  TORONTO: The Canadian dollar was little changed near one-week lows on Thursday, failing to gain traction despite a move lower by the US dollar on speculation about another dose of stimulus by the Federal Reserve. While most currencies gained against the US dollar overnight, the Canadian dollar was mostly flat, weighed by a string of weak economic data and market skepticism that the Bank of Canada can really deliver on its hawkish sentiment. "It seems kind of ...
US dollar pummeled by Fed NEW YORK: The US dollar suffered stinging losses on Wednesday, undermined by the US Federal Reserve saying it is willing to deliver more monetary stimulus "fairly soon" unless the economy improves considerably. Against the greenback, the euro popped to a fresh seven week high, the yen advanced to a one-week peak and the Australian dollar turned a loss into a gain after the Fed released the minutes of its latest meeting. The minutes from the July 31-Aug. ...
Mexico peso up on Fed minutes, Brazil real down  RIO DE JANEIRO: Mexico's peso gained on Wednesday after minutes of the Federal Reserve's last policy meeting bolstered bets for another round of monetary stimulus, while Brazil's currency lost slightly. Prompted by concerns about slow economic growth in the world's largest economy, the Fed's meeting minutes from August suggested that central bank was likely to provide another round of stimulus "fairly soon" unless conditions improve. Monetary stimulus in the United States tends to drive down yields on ...
C$ weakens on retail data, oversold market  TORONTO: The Canadian dollar continued its retreat on Wednesday from the 3-1/2 month highs of the previous session, at one point hitting its weakest level in more than a week against the US currency after the government reported an unexpected drop in retail sales. The decline in June sales confirmed a weaker trend in consumer spending that will likely trim overall growth in the second quarter and raises questions about the Bank of Canada's hawkish slant ...
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 ...

 



 
Index Closing Chg%
Arrow DJIA 16,461.32 0.92
Arrow Nasdaq 4,382.85 0.83
Arrow S&P 1,927.11 0.73
Arrow FTSE 6,399.73 0.43
Arrow DAX 8,940.14 0.60
Arrow CAC-40 4,105.09 0.58
Arrow Nikkei 15,195.77 2.64
Arrow H.Seng 23,403.97 1.37
Arrow Sensex 26,787.23 0.80





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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 $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln