Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

11.12.2014 07:30

Foreign exchange market. Asian session: the greenback is trading weaker to steady

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

00:00 Australia Consumer Inflation Expectation December 4.1% 3.4%

00:01 United Kingdom RICS House Price Balance November 20% 15% 13%

00:30 Australia Changing the number of employed November +24.1 +15.2 +42.7

00:30 Australia Unemployment rate November 6.2% 6.3% 6.3%

07:00 Germany CPI, m/m (Finally) November 0.0% 0.0% 0.0%

07:00 Germany CPI, y/y November +0.5% +0.5% +0.6%

The greenback traded steady against the euro and the British pound. The common currency previously continued to rally back from a 2 ½ year low at USD1.2246 hit on Monday. Investors continued to sell the U.S. dollar for profit awaiting important U.S. data later in the day.

The Australian dollar traded higher against the U.S. dollar. Consumer Inflation Expectation declined from a previous reading of 4.1% to 3.4% but the number of people employed rose unexpectedly by 42,700 in November, beating estimates of 15,000 by far. The Unemployment Rate stayed at 6.3% in line with expectations.

New Zealand's dollar added gains for a third day. Yesterday the RBNZ kept its benchmark interest rate unchanged at 3.5%. RBNZ Wheeler said that growth is expected to remain at or above trend through 2016 with more jobs being created and inflation pressure is going to stay modest - still further rate increases might be needed in the future. As diary prices keep falling the kiwi's exchange rate is "unjustifiably and unsustainably high", he said.

The Japanese yen lost after 3 days of gains again against the greenback on speculation that Prime Minister Shinzo Abe will win the elections this weekend and continue his "Abenomics" and even extend his stimulus measures - a policy that has weakened the Japanese yen. Japanese Core Machinery Orders declined by -6.4%. Analysts had forecasted a decline of -1.7% for October. Year on year the orders slumped from +7.3% to -4.9%.

EUR/USD: the euro traded steady against the greenback

USD/JPY: the U.S. dollar traded stronger against the yen

GPB/USD: The British pound traded steady against the U.S. dollar

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

07:45 France CPI, m/m November 0.0% +0.2%

07:45 France CPI, y/y November +0.5% +0.5%

08:30 Switzerland SNB Interest Rate Decision 0.25% 0.25%

08:30 Switzerland SNB Monetary Policy Assessment

08:30 Switzerland SNB Press Conference

09:00 Eurozone ECB Monthly Report

10:15 Eurozone Targeted LTRO 82.6

13:30 Canada New Housing Price Index October +0.1% +0.2%

13:30 U.S. Retail sales November +0.3% +0.3%

13:30 U.S. Retail sales excluding auto November +0.3% +0.1%

13:30 U.S. Initial Jobless Claims December 297 299

13:30 U.S. Import Price Index December -1.3% -1.7%

15:00 U.S. Business inventories October +0.3% +0.2%

21:30 New Zealand Business NZ PMI November 59.3

Market Focus

  • U.S.: Industrial Production (MoM), September 0.1% (forecast 0.2%)
  • Britain can't get full single market access with free movement concessions - Merkel
  • Earnings Season in U.S.. Major Reports of the Week
  • New Zealand CPI, 3Q: 0.2% q/q (forecast 0%), 0.2% y/y (forecast 0.1%)
October 2016
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002


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:

  • Онлайн-консультация
  • Заказать звонок
  • Написать письмо
Connect with Us
Share on
social networks
Request a callback
Top Page