Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


06.01.2011 08:55

Forex: Wednesday's review

The euro fell against most of its major counterparts as the Swiss National Bank said it won’t accept bonds from some Irish banks as collateral. The Canadian dollar and Mexican peso were the best performers versus the yen on evidence of a North American economic recovery before the U.S. government’s payrolls figures due later this week.
The dollar advanced 1.4 percent to 83.21 yen at 12:16 p.m. in New York, from 82.04 yen yesterday. It rose as much as 1.6 percent in the biggest intraday gain since Sept. 15 and touched 83.36 yen, the highest level since Dec. 23. The dollar may appreciate to 85 yen by the end of the week if the payrolls report is strong, according to Anderson. The euro fell 1.1 percent to $1.3168, from $1.3308.
Company employment increased by 297,000 in December after a revised gain of 92,000 in the previous month, ADP Employer Services reported. The median forecast of 33 economists in a survey was for a gain of 100,000.


EUR/USD: the pair decreased in around $1,3100.

GBP/USD: the pair decreased in around $1,5500.

USD/JPY: the pair become stronger to Y83,00.


There is a raft of EMU data at 1000GMT with the economic  sentiment index expected to edge up to 105.4 for December, the business  climate indicator due at the same time and also retail trade for  November expected to come in at 0.1% m/m, 1.8% y/y. At 1100GMT, German manufacturing orders are expected to show a rise of 0.8% m/m, 16.1% y/y.
The UK calendar starts at 0930GMT with UK Official Reserves and also  the CIPS Services PMI release, which is expected to remain steady at  52.9 from 53.0 in November.
US data sees monthly store sales data but scheduled data starts at 1330GMT, when the weekly initial jobless claims are expected to rebound 24,000 to 412,000 in the January 1 holiday week after falling sharply in the previous week after seasonal adjustment. Claims usually jump sharply in early-January prior to seasonal adjustment. US data then continues  with the 1530GMT release of the weekly EIA Natural Gas Stocks data,  while late data sees weekly money supply data at 2130GMT.

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