Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



22.02.2013 07:25

Asian session: The euro traded 0.4 percent from the lowest

02:00 New Zealand Credit Card Spending January +1.0% -2.5%


The euro traded 0.4 percent from the lowest in six weeks before Italy’s parliamentary election starts this weekend. The 17-nation euro headed for a third weekly loss ahead of the Feb. 24-25 voting, with opinion polls showing former premier Silvio Berlusconi closing a gap with front-runner Pier Luigi Bersani.

The Australian dollar climbed after Reserve Bank of Australia Governor Glenn Stevens said today he’d need to be confident the currency is “seriously overvalued” before considering intervention to weaken it.

The yen headed for its biggest weekly gain in more than three months as investors speculated about who will take the reins at the Bank of Japan. Kazumasa Iwata, a former BOJ deputy governor and a potential candidate for the top job, said his proposal for the government and central bank to buy foreign bonds is aimed at helping prevent a global financial crisis, not weakening the yen, according to a report by Japan’s Jiji Press yesterday. Iwata’s advocacy of foreign-bond purchases makes him the most yen-bearish candidate, according to a note from Citigroup Inc. this week. Iwata and Asian Development Bank President Haruhiko Kuroda are seen as the leading contenders, the Mainichi newspaper reported yesterday, without citing anyone.

Abe is in Washington to meet President Barack Obama today. His LDP had proposed setting up a foreign bond fund until this week, when he said the need for it had lessened.


EUR / USD: during the Asian session, the pair rose above $1.3200.

GBP / USD: during the Asian session, the pair rose to $1.5320.

USD / JPY: during the Asian session, the pair rose to Y93.40.


Friday brings Germany Ifo data at 0900GMT, of note after Tuesday's positive ZEW reading but followed by flash PMI's that disappointed Thursday. The key data of the day seen at 1100GMT when the ECB announces LTRO2 repayments, market expecting around E120-125bln and will gauge reaction if amount misses this area. Italian elections still loom for this weekend with performance of Berlusconi the active factor. Ther morning's releases are followed by a very light US calendar, though expect some position adjustments into the weekend. Germany Ifo at 0900GMT.


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