Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:
  • All news
  • Currencies
  • Stocks
  • Commodities



18.09.2014 15:35

Foreign exchange market. American session: the U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. economic data

The U.S. dollar traded mixed to lower against the most major currencies after the mixed U.S. economic data. The U.S. housing starts in August dropped by 14.4% to a seasonally adjusted annual rate of 956,000 units from 1.117 million units in July, missing expectations for a decline to 1.040 million. July's figure was revised up from 1.093 million units.

The number of building permits in August fell by 5.6% to 998,000 units from 1.057 million units in July. July's figure was revised up from 1.052 million units. Analysts expected building permits to decrease to 1.040 million units.

Philadelphia Fed manufacturing index declined to 22.5 in September from 28.0 in August, missing forecasts of the fall to 22.8.

The number of initial jobless claims in the U.S. in the week ending September 13 dropped by 36,000 to 280,000. The previous week's figure was revised to 316,000 from 315.000.

Yesterday's results of the Fed's monetary policy meeting weighed on the greenback. The Fed kept its interest rate unchanged at 0.00-0.25%, but it cut its asset purchase program by another $10 billion to $15 billion. The Fed added it want to close its asset purchase program in the next month.

The Fed also said it will keep its interest rate unchanged for "a considerable time after the asset purchase program ends".

The Fed noted "there remains significant underutilization of labor resources".

The euro traded higher against the U.S. dollar. The European Central Bank said today it allotted €82.6 billion in its new Targeted Long Term Refinancing Operation (TLTRO). Analysts had expected €174 billion.

The British pound traded higher against the U.S. dollar. The Scotland's independence referendum weighed on the pound.

The U.K. retail sales increased 0.4% in August, in line with expectations, after a flat reading in July. July's figure was revised down from a 0.1% rise.

On a yearly basis, retail sales in the U.K. climbed 3.9% in August, after a 2.5% gain in July. July's figure was revised down from a 2.6% increase.

The Confederation of British Industry released its industrial order books balance. The CBI industrial order books balance dropped to -4% in September from +11% in August, missing expectations for a decrease to +9%.

The Swiss franc rose against the U.S. dollar after the Swiss National Bank's (SNB) interest rate decision. The SNB kept its interest rate unchanged at 0.00 - 0.25% and also kept the exchange rate floor unchanged at 1.20 francs per euro.

Switzerland's central bank said "will continue to enforce the minimum exchange rate with the utmost determination".

The Canadian dollar traded higher against the U.S. dollar after the better-than-forecasted foreign securities purchases from Canada. Foreign securities purchases in Canada climbed by C$5.30 billion in July, exceeding expectations for a rise of C$2.47 billion, after a C$1.08 billion rise in June. June's figure was revised down from - C$1.07 billion.

The New Zealand dollar traded higher against the U.S dollar. The better-than-expected gross domestic product (GDP) from New Zealand supported the kiwi. New Zealand's GDP rose 0.7% in the second quarter, exceeding expectations for a 0.6% increase, after a 1.0% gain in the first quarter.

On a yearly basis, New Zealand's GDP climbed by 3.9% in the second quarter, after a 3.8% rise in the first quarter.

The Australian dollar traded higher against the U.S. dollar. The Fed's interest rate decision weighed on the Aussie.

The Reserve Bank of Australia (RBA) released its bulletin today. The RBA said spare capacity in the Australian labour market has risen over the past few years.

The Japanese yen traded mixed against the U.S. dollar. Japan' trade deficit declined to ¥948.5 billion in August from ¥1,023.8 billion, beating expectations for a decline to a deficit of ¥990.0 billion.

The Bank of Japan (BoJ) Governor Haruhiko Kuroda on Thursday reiterated the central bank will adjust its monetary policy if needed to reach the 2% inflation target. He believes that Japan can reach a 2% inflation target at around fiscal 2015 to March 2016.

Mr. Kuroda also said that he is optimistic on a recovery of Japan's exports.

18.09.2014 15:40

Oil dropped

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%)
January 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
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

  • © 2011-2017 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