Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



01.07.2011 08:15

Asian session: Euro heads for first weekly gain in a month

The euro was poised for its first weekly gain in a month versus the dollar as traders increased bets the European Central Bank will tighten monetary policy and Greece progressed in staving off a default.
The euro headed for a weekly advance after Greek Prime Minister George Papandreou won approval to implement an austerity plan needed to keep aid flowing to his nation.
“An interest-rate hike next week is pretty much a done deal for the ECB,” said Khoon Goh at ANZ National Bank Ltd.. “The yield differential will continue to provide support for the euro.”
The dollar was set to rise for a second week versus the yen before a report forecast to show U.S. consumer confidence was stronger than previously reported.  The Reuters/University of Michigan index of consumer sentiment was at 72 last month compared with a preliminary reading of 71.8, according to the median estimate of economists.
“I’m bullish on the dollar toward the year-end,” said Kengo Suzuki at Mizuho Securities Co.. “The U.S. economic slowdown is temporary.”
The New Zealand dollar weakened for the first time in four days versus the dollar after data showed Chinese manufacturing expanded in June by less than economists had estimated, sapping demand for higher-yielding assets.
The yen was headed for a weekly decline on prospects the Bank of Japan will lag behind its counterparts in raising interest rates.
The quarterly Tankan index of sentiment at large manufacturers fell to minus 9 in June from 6 in March, the BOJ said today. The median estimate of economists was for a reading of minus 7.

EUR/USD printed session highs on $1.4550 before retreated to $1.4508.
GBP/USD tested $1.6095, but failed to break above the figure and retreated to current $1.6070.
USD/JPY fell to session low at Y80.54 before recovered to Y80.80.

Today's focus will be on UK PMI report in Europe.
In US today's attention will be on final reading of Michigan sentiment index, ISM Mfg PMI and Construction spending.


01.07.2011 07:59

EUROZONE: Jun mfg PMI 52.0

Market Focus

  • Donald John Trump will be the 45th president of the United States
  • Britain can't get full single market access with free movement concessions - Merkel
  • China: Trade Balance, bln, October 49.6 (forecast 51.7)
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
23
24
25
26
27
28
29
30
31

Quotes

All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

  • © 2011-2017 TeleTrade-DJ International Consulting Ltd

    TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 158/11.

    The company operates in accordance with Markets in Financial Instruments Directive (MiFID).

  • The information on this website is for informational purposes only. All the services and information provided have been obtained from sources deemed to be reliable. TeleTrade-DJ International Consulting Ltd ("TeleTrade") and/or any third-party information providers provide the services and information without warranty of any kind. By using this information and services you agree that under no circumstances shall TeleTrade have any liability to any person or entity for any loss or damage in whole or part caused by reliance on such information and services.

  • TeleTrade cooperates with SafeCharge Limited, which is an electronic money institution authorized and regulated by the Central Bank of Cyprus and is a principal member of MasterCard Europe and Visa Europe. We also cooperate with Moneybookers and Neteller, which offer electronic e-wallet services authorized and regulated by the Financial Conduct Authority.

    Please read our full Terms of Use.

  • To maximize our visitors browsing experience TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. If you disagree, you may change your browser settings at any time. Read more

    TeleTrade-DJ International Consulting Ltd currently does not provide its services to residents or nationals of the USA, and also doesn't provide retail Forex and CFD accounts to residents or nationals of Belgium.

Служба технической поддержки:
8-800-200-31-00, support@teletrade-dj.com

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page