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C$ steady as US economy brightens TORONTO: The Canadian dollar held steady against its US counterpart in quiet trading on Monday, finding support from US retail sales figures that signaled underlying strength in the economy.US retail sales in April rose unexpectedly, leading forecasters to bump up second-quarter growth estimates."Considering some of the other commodity currencies have been under so much pressure recently, the Canadian dollar is holding in quite well," said David Bradley, director of foreign exchange trading at Scotiabank, attributing the support to the US recovery."I think (the market's) just looking at a 'buy North America' situation ... recently the North American situation is looking a little better, so the Canadian dollar's outperforming some of its commodity peers."The United States is Canada's largest trading partner and stronger US consumer spending is typically good for the Canadian dollar and Canada.The Canadian dollar was trading at C$1.0110 versus the US dollar, or 98.91 US cents, little changed ...

C$ ends weaker as world equities lose some shine TORONTO: The Canadian dollar ended weaker against its US counterpart on Thursday after briefly touching its strongest level in more than two months, with traders looking to Friday's key domestic jobs report to set direction for the currency.The Canadian currency took its direction from weaker prices for some commodities and a pullback in global stock markets, which slipped from recent record levels."We don't have much in the way of domestic drivers today. The equity markets ...
Australia & NZ dollars rally on rousing jobs news SYDNEY/WELLINGTON: The Australian and New Zealand dollars bounced on Thursday following stellar labour reports in both countries, prompting markets to pare back the risk of a June rate cut in Australia while reinforcing the outlook for steady to higher NZ rates.The Australian dollar gained 0.6 percent on the day to $1.0240. Its recovery from a two-month low of $1.0155 hit twice this week caught many speculators short and forced them to buy back the Aussie.The ...
C$ hits 2-1/2 month high, but US$ parity seen iffy TORONTO: The Canadian dollar strengthened against its US counterpart for a fourth straight session on Wednesday, testing but failing to push past equal value with the greenback ahead of Friday's domestic employment report.The currency received a boost as prices for most commodities rose on strong Chinese trade data and on signs that Germany may escape a sharp slowdown."You can't help but be impressed by the strength in the Canadian dollar," said Adam Button, a currency ...
Australia dlr stung by risk of more rate cuts, eyes China data SYDNEY/WELLINGTON: The Australian dollar struggled near a two-month low against the US dollar on Wednesday as investors speculated that more interest rate cuts were in the cards after the Reserve Bank of Australia cut its official rate to a record low on Tuesday.Aussie trades at $1.0185, having fallen more than 0.5 percent to $1.0155 offshore, its weakest since early March. Bids suspected around $1.0150, where option barriers lie, are seen offering some near-term support.The New ...
C$ hits strongest level since February in central bank rally TORONTO: The Canadian dollar closed at its strongest level versus its US counterpart since mid-February on Tuesday, rising with stock markets around the world in a risk rally fueled by signals that top central banks will keep supporting economic growth.The Canadian currency also gained sharply against its commodity-backed cousin in Australia after that country's central bank cut interest rates.Mark Chandler, head of Canadian fixed income and currency strategy at Royal Bank of Canada, said the ...
Australia dollar skids as RBA cuts rates, bond yields tumble WELLINGTON/SYDNEY: The Australian dollar skidded to two-month lows on Tuesday after the Reserve Bank of Australia (RBA) cut interest rates to record lows and left the door open to yet more easing, sending bonds rallying sharply.The Aussie dropped over half a cent to as deep as $1.0178, its lowest since early March, piercing a triple bottom around $1.0220. It last fetched $1.0192, showing a loss of 0.7 percent on the day.Interbank futures rallied hard as ...


Index Closing Chg%
Arrow DJIA 17,798.49 0.08
Arrow Nasdaq 5,127.52 0.22
Arrow S&P 2,090.11 0.06
Arrow FTSE 6,375.15 0.28
Arrow DAX 11,293.76 0.24
Arrow CAC-40 4,930.14 0.32
Arrow Nikkei 19,883.94 0.30
Arrow H.Seng 22,068.32 1.87
Arrow Sensex 26,128.20 0.65

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Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.197 bln
Exports $1.729 bln
Imports $3.926 bln
WeeklyNovember 23, 2015
Reserves $19.713 bln