Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


09.08.2012 07:20

Forex: Wednesday’s review

 

 

During the current session, the dollar showed mixed performance against other major currencies. The important news of the day, which influenced the course of trade, was the information that the rating agency Standard & Poor's revised its outlook on Greece to "negative" from "stable", stating that you may need further assistance from international lenders. But despite this, the long-term and short-term sovereign credit rating in foreign currency and local currency remained unchanged. Positive news of the day was the report, which states that labor productivity in the second quarter rose more than expected.

During the first half of the trading session, the euro declined against the dollar, and then was able to play more than half of the losses. In such a dynamic impact data on industrial production in Germany, which were far below expectations.

Pound at the beginning of the session fell sharply, but managed to recover from, updating the intraday high. Currency rose against the euro and U.S. dollar, when the governor of the Bank of England Governor Mervyn King signaled that the reduction in interest rates did not significantly alter the economic outlook. He also expressed less concern than expected on the market. King also warned that the drop in interest rates would be counterproductive, and it does not lead to significant improvement in the UK economy. Strengthening of the pound also contributed to less negative tone on inflation report, which notes that official data on the growth of gross domestic product exaggerate the underlying weakness of the economy.

The Canadian dollar has appreciated significantly during the day against the dollar, updating the at least three.

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
16
17
18
19
20
21
22
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