Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


03.05.2013 06:02

Asian session: The dollar rose

00:00 Japan Bank holiday

01:00 China Non-Manufacturing PMI April 55.6 54.5

01:30 Australia Producer price index, q / q Quarter I +0.2% +0.3% +0.3%

01:30 Australia Producer price index, y/y Quarter I +1.0% +1.6% +1.6%


The dollar snapped its biggest advance against the euro in two weeks before the U.S. releases April jobs data after the previous report disappointed with employers adding the fewest positions in nine months. Payrolls increased by 140,000 workers after an 88,000 gain in March, according to the median forecast of economists surveyed by Bloomberg News before a Labor Department report. The unemployment rate may have stayed at 7.6 percent, matching March's reading as the lowest since December 2008.

The euro yesterday dropped versus 15 of its 16 major peers after European Central Bank President Mario Draghi said policy makers may take the unprecedented step of charging banks to hold excess reserves. The ECB, meeting in Bratislava, Slovakia, cut its benchmark rate by a quarter-percentage point to 0.5 percent yesterday. It reduced its marginal lending rate, which banks use for overnight credit, to 1 percent, from 1.5 percent, and kept its deposit rate at zero.

Australia's dollar was set for its longest weekly losing streak versus the New Zealand currency in 12 years as traders raised bets the bigger nation's Reserve Bank will cut borrowing costs next week. The Australian dollar was poised to decline this week against 14 of its 16 most-traded peers as swaps traders see a 57 percent chance the nation's central bank will lower its benchmark rate from 3 percent on May 7, according to data compiled by Bloomberg. The RBA will cut rates by 59 basis points over 12 months, according to a Credit Suisse Group AG index.

Japanese markets are closed today and on May 6 for holidays.


EUR/USD: during the Asian session the pair traded in the range of $ 1.3060-75

GBP/USD: during the Asian session the pair traded in the range of $ 1.5520-40

USD/JPY: during the Asian session the pair around Y98.00


With the ECB rate decision out of the way, the main release for traders to focus on Friday will be the US jobs data at 1230GMT. Ahead of the US numbers, there is a fairly light calendar across Europe, starting at 0600GMT, with the release of the German April car registrations data. At 0800GMT, the German Finance Minister Wolfgang Schaeuble is slated to deliver a speech at the University of Ulm, Germany. Back on the continent, eurozone March PPI numbers are expected at 0900GMT, with the European Commission Spring economic forecasts expected at 1100GMT.

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