Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

22.04.2013 18:20

American focus: the yen has risen sharply

The euro exchange rate rose slightly against the dollar, recovering with a minimum values ​​of the session. Note that the dynamics of trade affected information that the incumbent President of Italy Giorgio Napolitano was re-elected for a second term. 87-year-old Napolitano agreed to once again participate in the elections, after parliament failed to elect the fifth attempt of his successor. On the eve of the Italian center-left leader Pier Luigi Bersani said he would step down as chairman of the Democratic Party, unless the parliament will elect a new president. Bersani, previously regarded as the most likely candidate for the post of prime minister, said the refusal of the leadership in the party, after the parliament did not support his proposed two candidates for the presidency. Also presented today by the National Association of Realtors report showed that purchases in the secondary market fell last month by 0.6% to 4.92 million for the year. The median forecast of economists projected sales would increase to 5.00 million Estimates ranged from 4.9 million to 5.2 million homes on the market prices rose, reflecting the growing demand for more expensive homes. The pace of previous months have been revised to 4.95 million from a previously reported 4.98 million purchase in the secondary market to gradually rise from a 13-year low of 4.11, which was achieved in 2008. The largest volume reached 7.08 in 2005. The average price of homes sold in the secondary market increased by 11.8 percent, the highest since November 2005, to $ 184,300 last month from $ 164,800 in March 2012.

Value of the pound rose against the dollar after amplification of risk aversion on weak report on the U.S. housing market. Note that the GBP / USD managed to recover and even reach new daily highs. Recall that the international rating agency Fitch Ratings downgraded the sovereign rating by one notch the UK - with the highest possible "AAA" to "AA +". The rating outlook - "stable," the agency said. Two months ago, a similar rating action taken agency Moody's Investors Service, the credit rating worsening the UK to "Aa1".

The yen rose against the dollar, and once again failed to take the mark Y100.00, despite the fact that the G20 has given Japan the green light on the issue of monetary policy easing, believing Aso and Kuroda, that it is aimed at fighting deflation. Note also that in fact, a weak report on the U.S. housing market has helped to reduce the mood and the USD / JPY briefly fell below 99.00. However, the pair was able to recover, and now is consolidating above 99.00. We also add that the short-term indicators for the pair USD / JPY were negative, but in a broader perspective, the positive tone prevails. However, the daily charts are moving away from overbought levels. The pair may have to wait before it attains sufficient strength to break 100.00.

22.04.2013 17:20

European stock close:

Market Focus

  • U.S.: Industrial Production (MoM), September 0.1% (forecast 0.2%)
  • Britain can't get full single market access with free movement concessions - Merkel
  • Earnings Season in U.S.. Major Reports of the Week
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
October 2016
  • 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

  • © 2011-2016 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