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Dollar in demand as stimulus talk dogs euro, yen SYDNEY: The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process. Pledges of policy stimulus from the heads of the European Central Bank and the Bank of Japan pressured both the euro and the yen, leaving the US dollar as the winner by default. The common currency skidded as far as $1.3185, from around $1.3246 late in New York on Friday, while the dollar was up at 104.20 yen and near a seven-month peak. The euro also lost ground against many other currencies, notably hitting a near 10-month low on the Australian dollar at A$1.4163. The yen's fall was taken as positive for Japanese exports and corporate earnings and helped both the Topix and the Nikkei nudge up 0.2 percent. Moves ...

Australia dollar lifted by gains vs yen & pound, NZD struggles WELLINGTON/SYDNEY: The Australian and New Zealand dollars bounced from multi-month lows on Friday as the US dollar rally fizzled ahead of a speech by Federal Reserve Chair Janet Yellen. The Australian dollar nudged up to $0.9305, having recovered from $0.9229, its lowest since early June. It was on track to end the week where it started, a resilient performance given the weakness of Chinese numbers. "Everyone is focused on Yellen and we expect her to ...
Australian dollar falls after soft HSBC China PMI survey SYDNEY: The Australian dollar dropped around half a US cent on Thursday after a soft survey reading of China's manufacturing activity. Australia is sensitive to news out of China, its key export market. The Aussie fell as low as $0.9235 to be last at $0.9245, to show a 0.5 percent decline on the day. The Aussie had already been weakened by a broadly stronger US dollar earlier in the session. Copyright Reuters, 2014 ...
Dollar surges on hawkish-sounding Fed, Aussie hit by China PMI SYDNEY/TOKYO: The US dollar traded at 11-month highs against a basket of major currencies early on Thursday, having been given a second wind after minutes of the Federal Reserve's July meeting sounded slightly hawkish. The Australian dollar extended its losses after a preliminary survey of China's manufacturing sector showed growth slowing to a three-month low. The dollar index, still basking in the afterglow of Tuesday's upbeat US housing data, climbed as far as 82.358, reaching ...
NZ dollar skids to five-month low, Aussie outperforms WELLINGTON/SYDNEY: The New Zealand dollar tumbled to a five-month low on Wednesday as a key support level gave way in the face of a broadly stronger greenback, further softness in dairy prices and investor preference for the neighbouring Aussie dollar.The kiwi fell as far as $0.8373, after support at $0.8400 finally gave way and triggered a flurry of stop-loss selling. It last traded at $0.8381. Strong appetite to buy the Aussie against the kiwi saw ...
Aussie dollar bears in hibernation until Fed calls SYDNEY: It is not often the biggest bear on a currency is its own central bank, yet the Reserve Bank of Australia has been warning for months that the Aussie dollar will slide to match the falling prices of the country's key commodity exports. The RBA's concerted efforts to talk the dollar down, most recently today (Wednesday), have had little impact with the Aussie embedded in a 92-95 US cent range since climbing from its ...
Kiwi dips, jury out on US dollar rally WARSAW: The New Zealand dollar slid almost half a percent on Tuesday after the government trimmed its forecast for growth and future budget surpluses, while progress for its U.S. counterpart halted near the top of a recent range.European trade in the major currencies looked set to be dominated by British inflation numbers due early in the session as well as the debate over whether the dollar can move higher after the stalling of a month-long ...

 



 
Index Closing Chg%
Arrow DJIA 17,390.52 1.13
Arrow Nasdaq 4,630.74 1.41
Arrow S&P 2,018.05 1.17
Arrow FTSE 6,546.47 1.28
Arrow DAX 9,326.87 2.33
Arrow CAC-40 4,233.09 2.22
Arrow Nikkei 16,413.76 4.83
Arrow H.Seng 23,998.06 1.25
Arrow Sensex 27,865.83 1.90





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln