Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


14.02.2012 08:23

Forex: Monday’s review


Yesterday the
euro pared gains after approaching a two-month high against the dollar. Greek Prime Minister Lucas Papademos won approval from parliament for austerity measures needed to receive a second aid package, which euro-area finance ministers must decide whether to release when they meet Feb. 15. The dollar fell against most of its major counterparts, including the New Zealand dollar and South Africa’s rand, as stocks and commodities rose before reports forecast to show strong U.S. economic growth.

The yen fell against most of its major peers as Japan’s economy shrank at an annualized 2.3 percent pace in the fourth quarter amid slumping exports that undermined a recovery from last year’s record earthquake. The report underscores pressure on Bank of Japan officials meeting to consider more monetary easing as gains in the yen worsen losses for exporting companies such as Sony Corp. and Panasonic Corp. Japan’s Finance Minister Jun Azumi reiterated at a parliamentary budget committee session in Tokyo that he’ll act on excessive and speculative moves in the currency. Japan spent 14.3 trillion yen ($185 billion) in intervention operations last year to stem gains in the currency as it rose to postwar records against the dollar, hurting the nation’s exporters.


EUR/USD: yesterday the pair fell below $1.3200.

GBP/USD: yesterday the pair decreased.

USD/JPY: yesterday the pair fell.


A heavy calendar kicks off Tuesday at 0630GMT, when BOJ Governor addresses the press and outlines the decision to extend the central bank's asset purchase program. UK data is released at 0930GMT, with the release of the UK consumer price data. US calendar, kicking off at 1245GMT with the ICSC-Goldman Weekly Mall Sales numbers. At 1330GMT, the monthly retail sales report, Producer Price Index annual revisions and the Import Price Index data all hit traders screens. Also at 1330GMT, Canadian New motor vehicle sales data for December is released. Philadelphia Federal Reserve Bank President Charles Plosser speaks to the University of Delaware Center for Economic Education and Entrepreneuship on the economic outlook, in Newark, Delaware at 1345GMT.

Market Focus

January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002

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