Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


28.07.2014 05:23

Asian session: The dollar traded near the strongest in eight months against the euro


The dollar traded near the strongest in eight months against the euro as investors raised bets it would climb versus the single currency to the most since November 2012.

The U.S. currency maintained its biggest weekly advance since March against major peers before reports forecast to show growth in services held near the fastest pace in at least three years, employers added more than 200,000 jobs for a sixth month, and economic growth rebounded last quarter. The preliminary reading of a Purchasing Managers' Index of U.S. services from Markit Economics was at 59.8 in July, according to the median estimate of economists in a Bloomberg survey. That would be the ninth-straight month above the 50 level that divides expansion from contraction.

Economists in a separate Bloomberg poll predict the U.S. Commerce Department will say on July 30 that gross domestic product rose at a 3 percent annualized rate in the second quarter. The 2.9 percent decline in the first quarter was the worst reading since the same three months in 2009. A Labor Department report on Aug. 1 will show nonfarm payrolls increased 231,000 in July, economists' forecasts show.

The Federal Reserve meets from tomorrow to debate the pace of interest-rate increases and whether to further reduce bond purchases.

The New Zealand dollar fell to a one-month low. Reserve Bank of New Zealand Governor Graeme Wheeler said on July 24 that the currency's level is "unjustified and unsustainable," after signaling a pause following four interest rate increases this year.


EUR / USD: during the Asian session, the pair traded in the range of $ 1.3425-35

GBP / USD: during the Asian session, the pair traded in the range of $ 1.6975-85

USD / JPY: on Asian session the pair traded in the range of Y101.75-85


A generally light data calendar for Monday (US Svcs PMI at 1345GMT then pending home sales at 1400GMT the stand out interest) with moves to come from end month flows and any geopolitical developments.

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%)
December 2016
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
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

  • © 2011-2016 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:
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