FX & CFD trading involves significant risk
00:01 United Kingdom Rightmove House Price Index (MoM) February +1.0% +3.3%
00:01 United Kingdom Rightmove House Price Index (YoY) February +6.3% +6.9%
00:30 Australia New Motor Vehicle Sales (MoM) January +1.4% Revised From +1.7% -3.5% -3.5%
00:30 Australia New Motor Vehicle Sales (YoY) January -0.1% Revised From +0.1% -3.0%
04:30 Japan Industrial Production (MoM) (Finally) December +1.1% +1.1% +0.9%
04:30 Japan Industrial Production (YoY) (Finally) December +7.3% +7.3% +7.1%
The dollar fell against most of its major counterparts as traders weighed whether weaker U.S. economic data will spur the Federal Reserve to consider a slower pace in tapering stimulus. U.S. factory production unexpectedly declined in January by the most since May 2009, according to a report released on Feb. 14, adding to evidence severe winter weather is weighing on the economy.
The British pound reached the highest since November 2009 after a report showed U.K. house prices rose the most since October 2012. Rightmove Plc said asking prices for U.K homes rose 3.3 percent this month from January, when they gained 1 percent.
The yen gained after Japan’s economic growth unexpectedly slowed. Japan’s gross domestic product expanded at an annualized 1 percent pace in the final three months of 2013, down from 1.1 percent growth in the preceding quarter, the Cabinet Office said today. The median estimate of analysts surveyed by Bloomberg News was for a 2.8 percent expansion.
Australia’s currency rose after the People’s Bank of China said in a Feb. 15 statement that aggregate financing, the broadest measure of credit, increased to an unprecedented 2.58 trillion yuan ($425.5 billion) in January.
The Fed on Feb. 19 releases minutes of its last gathering.
Markets in the U.S. will be closed for a holiday today.
EUR / USD: during the Asian session, the pair rose to $ 1.3720
GBP / USD: during the Asian session, the pair rose to $ 1.6820
USD / JPY: on Asian session the pair fell to Y101.40
Volumes are see as light, with US markets closed.
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.