Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

30.11.2011 08:39

Asian session: the yen declined

The yen declined against the majority of its 16 main counterparts after euro-area finance ministers agreed to extend the capacity of a rescue fund for indebted countries, curbing demand for haven assets.

Japan’s currency also weakened after Luxembourg Prime Minister Jean-Claude Juncker said yesterday the finance chiefs of the region’s 17 nations agreed to work on boosting the International Monetary Fund’s resources.

The Australian and New Zealand dollars touched the highest levels in more than a week as euro- area officials agreed to extend the capacity of the region’s bailout fund and leaders worked toward a Dec. 9 summit.

The so-called Aussie maintained four days of gains versus the yen as a government report showed business investment rose by more than economists forecast in the third quarter. New Zealand’s currency, nicknamed the kiwi, held a two-day advance against the greenback after a report showed home-building approvals rose in October for the third time in four months as the nation recovers from earthquakes on the South Island.

EUR/USD: on Asian session the pair fell.

GBP/USD: on Asian session the pair declined.

USD/JPY: on Asian session  the pair traded in range Y77.85-Y78.10.

European events for Wednesday start at 0700GMT with the German ILO measure of employment and also retail sales from Germany. This is followed by housing starts/permits and PPI data from France, while at 0855GMT we get the main labour market data from Germany. EMU data at 1000GMT includes the October unemployment rate and the November measure of flash HICP. US data starts at 1200GMT with the weekly MBA Mortgage Application Index, which is followed at 1230GMT by Challenger Layoffs data, at 1315GMT by the ADP National Employment Report and then at 1330GMT by the ISM-NY Business Index and third quarter productivity, which is expected to be revised down to a 2.6% rate of growth, as GDP was revised down. As a result, unit labor costs are expected to be revised up to a 2.2% rate of decline. US data continues at 1445GMT with the Chicago PMI, which is forecast to rise to a reading of 59.0 in November after falling slightly to 58.4 in October. The Chicago PMI is the one index that appears to consistently indicate expansion. NAR Pending Home Sales and the Help-wanted Online index follow at 1500GMT, while at 1530GMT the weekly EIA Crude Oil Stocks data is due. At 1545GMT, Philly Fed Pres Charles Plosser moderates a panel discussion at the San Francisco Fed's Asia Economic Policy Conference. Later data includes the 1900GMT release of the Fed's Beige Book and the 8GMT release of Agriculture Prices data.

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


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:

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