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High-flying dollar pauses in holiday lull, US data eyed SYDNEY: The dollar touched a fresh two-week high against the yen on Tuesday, but struggled to make further headway in a market subdued by a holiday in Japan. A record-closing high on Wall Street had helped lift the greenback against the yen in New York, and modest follow-through buying in Asia saw the dollar come close to 120.20. However, momentum quickly faded in thin year-end conditions, leaving the greenback stuck in a very slim 120.01/120.19 range and short of a 7-1/2 year peak of 121.86 set earlier in the month.The euro was equally muted, holding at two-year lows just above $1.2200. All that kept the dollar index tantalisingly close to a nine-year peak set in New York. Commodity currencies fared no better with the Australian dollar pinned near a 4-1/2 year low of $0.8107 plumbed last week. Investors stuck to a familiar theme of buying the greenback against almost everything ...

Euro off to shaky start in subdued market, dollar holds strong SYDNEY: The euro probed fresh two-year lows early on Monday in a subdued start to a holiday-shortened week, extending a multi-month trend of weakness against the dollar that many traders say will remain intact in the new year. Speculation is high that the European Central Bank (ECB) will be forced to expand its asset-buying program to include sovereign debt in 2015, at a time when the Federal Reserve is preparing to do the opposite and ...
Australia & NZ dollars find some calm after turbulent times SYDNEY/WELLINGTON: The Australian and New Zealand dollars struggled for momentum on Monday, having steadied from recent volatility as investors found little incentive to trade in the final two weeks of the year. Many traders have already closed their books for 2014, and thin markets make for choppy conditions that are likely to keep all but the hardiest players on the sidelines. The Aussie was flat at $0.8143, not far from a 4-1/2-year trough of $0.8107 ...
Australian & NZ dollars feel the Fed pinch SYDNEY/WELLINGTON: The Australian and New Zealand dollars nursed deep losses on Thursday after the Federal Reserve showed enough confidence in the US economy to stay on track to raise interest rates next year, giving the US dollar a fillip. The kiwi slipped to a one-week low of $0.7690 in volatile trade, brushing off domestic data showing stronger-than-expected quarterly economic growth. "The data doesn't change our forecast for the first Reserve Bank of New Zealand (RBNZ) ...
Australia & NZ dollars pinned down by China, yen rally SYDNEY/WELLINGTON: The Australian dollar fell to 4-1/2-year lows on Tuesday, while the New Zealand dollar struggled as growth concerns in China and plunging oil prices encouraged investors to buy the safe haven yen. The Australian dollar was at $0.8222, having touched $0.8200, its weakest since mid-2010 and an area packed with option barriers. A clear break would target the 2010 low of $0.8066. It got cold-shouldered after China's factory activity slowed more than expected last ...
Australia dollar battered by oil dip, hostage incident, NZ dollar softer SYDNEY/WELLINGTON: The Australian dollar dropped to 4-1/2-year lows on Monday on falling commodity prices and concerns about global growth, while a hostage incident in Sydney further undermined sentiment. The Australian dollar slipped to $0.8214, from $0.8244 in early trade. It plumbed $0.8204, the lowest since mid-2010, as Brent crude futures fell to a new five-year low near $60 a barrel. Selling against the yen also pressured the Aussie which dropped to a six-week trough of ...
Australia dollar on defensive after RBA boss speaks, NZ dollar holds gains SYDNEY/WELLINGTON: The Australian dollar struggled to stabilise on Friday after the Reserve Bank of Australia (RBA) chief said the currency should be much lower, putting it on track for a fourth week of losses. In contrast, the New Zealand dollar was on track to show its first weekly gain in a month. The Australian dollar eased to $0.8250, not far from a fresh 4-1/2-year trough of $0.8214 set overnight. The Aussie has lost 3 percent ...

 



 
IndexClosingChg%
ArrowDJIA 17,776.12 1.11
ArrowNasdaq 4,900.89 0.94
ArrowS&P 2,067.89 0.88
ArrowFTSE 6,773.04 1.72
ArrowDAX 11,966.17 0.99
ArrowCAC-40 5,033.64 0.98
ArrowNikkei 19,206.99 1.05
ArrowH.Seng 24,900.89 0.81
ArrowSensex 27,957.49 0.07





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ICT 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 20, 2015
Reserves $16.132 bln