Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


10.10.2013 06:00

Asian session: The U.S. Dollar Index reached a two-week high


The U.S. Dollar Index reached a two-week high as U.S. Congressional leaders were said to be open to a short-term increase in the nation’s debt limit. House Republican and Senate Democratic leaders are open to a short-term increase in the debt limit, said congressional aides of both parties who spoke on condition of anonymity. The movement comes after House Democrats met with President Barack Obama at the White House. A small group of House Republicans are scheduled to meet with the president today.

The yen slid versus most major peers before Bank of Japan Governor Haruhiko Kuroda speaks today. The BOJ’s Kuroda is scheduled to speak today at the Council on Foreign Relations in New York. In April, he announced a plan to buy more than 7 trillion yen ($71.6 billion) of Japanese government bonds per month to achieve 2 percent inflation in two years.

Australia’s dollar weakened after data showed a smaller-than-forecast gain in employment. Australian employers added 9,100 jobs in September, government figures showed today, fewer than the 15,000 gain estimated by economists surveyed by Bloomberg News. The unemployment rate dropped to 5.6 percent last month from a four-year high of 5.8 percent in August. Analysts had forecast the figure would be unchanged.

Demand for the euro was supported ahead of data today forecast to show industrial output gained in France and Italy. In Europe, industrial output in France probably rose 0.6 percent in August from July, the first increase in four months, according to the median estimate of economists surveyed by Bloomberg News. Factory production in Italy is forecast to have gained 0.6 percent in August. The nations have the biggest economies in the euro region after Germany.


EUR / USD: during the Asian session the pair fell to $ 1.3485

GBP / USD: during the Asian session, the pair fell to $ 1.5910

USD / JPY: during the Asian session the pair rose to Y97.80


There is no UK data set for release, but the Bank of England October policy decision is expected at 1100GMT. The chances of a change in policy are very slight indeed. It is also unlikely that the MPC will issue a statement giving their views on market rate expectations after MPC member Paul Fisher said that the BOE did not want to give a running commentary on market rate expectations.

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