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Dollar index to hover below 95.533 SINGAPORE: The dollar index faces a strong resistance at 95.533 and may continue to hover below this level or retest support at 93.776.Resistance and support are identified respectively as the 138.2 percent and the 123.6 percent Fibonacci projection levels of an upward wave 3, which started at the May 9, 2014 low of 78.906.Resistance has triggered a correction which may extend to 92.694, the 114.6 percent level, as support at 93.776 does not seem to hold.A break above 95.533 will open the way towards the next resistance at 96.953, the 150 percent level.Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own.No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses. Copyright ...

Dollar pulls back after jobs-inspired rally, Greece back in focus TOKYO: The dollar dipped on Monday as traders sold into a rally triggered by robust US jobs data, while the Greek debt situation crept back into focus as Athens reaffirmed its rejection of an international bailout programme.The dollar index, an indication of its performance against a basket of key currencies, slipped 0.2 percent to 94.535.The euro edged up 0.2 percent to $1.1338, having lost about 1.5 percent on Friday when strong US employment figures helped ...
Yuan weakens after weak trade data SHANGHAI: China's yuan weakened slightly against the dollar on Monday after China published surprisingly weak January trade data on Sunday, and continued to trade near the limit of its daily trading band as the central bank held the exchange rate steady.The People's Bank of China set the midpoint rate at 6.1311 per dollar prior to market open, weaker than the previous fix 6.1261, after the dollar gained in overnight trade.The spot market opened at 6.2495 ...
Dollar takes breather after rallying on robust US jobs TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled speculation the Federal Reserve would bring forward its timetable to raising interest rates.The greenback bought 118.85 yen in Tokyo afternoon trade, slightly down from 119.00 yen in New York Friday afternoon but still sharply up from 117.33 yen in Tokyo earlier Friday.The euro bought $1.1334 compared with $1.1316 in US trade and ...
Dollar takes breather after rallying on robust US jobs TOKYO: The dollar retreated in Asia on Monday after rallying at the end of last week as a robust US jobs report fuelled speculation the Federal Reserve would bring forward its timetable to raising interest rates.The greenback bought 118.84 yen in Tokyo morning trade, slightly down from 119.00 yen in New York Friday afternoon but still sharply up from 117.33 yen in Tokyo earlier Friday.The euro bought $1.1320 compared with $1.1316 in US trade and ...
Sri Lanka rupee ends weaker as central bank allows fall in spot COLOMBO: The Sri Lankan rupee ended weaker against the dollar as the central bank allowed a lower rate for the spot currency and limited forward premiums, aiming to curb depreciation pressure on the local currency. Dealers said the central bank allowed the spot currency to trade at 132.80 from its previous day's rate of 132.20 and the central bank asked commercial banks to limit forward premiums by five cents per day, dealers said. "But the ...
Indonesia's forex reserves rise to $114.3bn at end-January JAKARTA: Indonesia's foreign exchange reserves rose to $114.25 billion at the end of January, mainly supported by government issuance of global bonds, the central bank said on Friday.Indonesia's foreign exchange reserves stood at $111.86 billion at the end of December last year.The country sold $4 billion bonds early last month with yields of 10-year notes at 4.200 percent and 30-year notes at 5.200 percent.Copyright Reuters, 2015 ...

 



 
Index Closing Chg%
Arrow DJIA 18,132.70 0.45
Arrow Nasdaq 4,963.53 0.49
Arrow S&P 2,104.50 0.30
Arrow FTSE 6,946.66 0.04
Arrow DAX 11,401.66 0.66
Arrow CAC-40 4,951.48 0.83
Arrow Nikkei 18,797.94 0.06
Arrow H.Seng 24,823.29 0.32
Arrow Sensex 29,220.12 1.65







ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyDecember
Trade Balance $-1.703 bln
Exports $2.156 bln
Imports $3.859 bln
WeeklyFebruary 26, 2015
Reserves $15.944 bln