Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


17.02.2011 09:11

Asian session:

 

The dollar traded near a one-week low against the euro before reports forecast to show European consumer confidence rose and an index of U.S. leading indicators gained, adding to signs the global recovery is strengthening.
The yen was close to two-week low versus the euro as Asian stocks extended a rally in shares around the world and commodity prices gained, reducing demand for safer assets. Australia’s dollar traded about 0.2 percent below a nine-month high against the yen as investors bet the South-Pacific nation will keep its yield advantage over Japan. South Korea’s won rose as overseas investors boosted their stock holdings.
The dollar weakened yesterday as minutes of the U.S. Federal Reserve’s January meeting showed policy makers took a more optimistic view of the U.S. economy, while maintaining their dissatisfaction with job growth as they pressed forward with monetary stimulus.
Losses in the yen were tempered on speculation civil unrest will keep spreading in the Middle East, boosting demand for the relative safety of Japan’s currency.

 

EUR/USD: the pair shown high in the field of $1.3600 then decreased.
GBP/USD: the pair bargained within the limits of $1.6080-$ 1.6120. 
USD/JPY: the pair bargained within the limits of Y83.50-Y83.70.

 

At 1100GMT UK CBI Industrial Trends survey is released.
A busy US calendar starts at 1330GMT, with the release of 12 Feb week Jobless Clains and the January CPI data. Initial jobless claims are expected to rise 22,000 to 405,000 in the February 12 employment survey week after falling in the previous two weeks. Claims were at a level of 403,000 in the January 15 employment survey week.  Consumer prices are 
expected to rise 0.3% in January. Core CPI is forecast to rise only 0.1% as pricing power remains very weak, keeping the annual rate soft.
At 1500GMT, the February Philly Fed survey is released, along with the January leading indicator data. The Philadelphia Fed index is expected to rise to a reading of 21.0 in February after falling slightly in January. The index of leading indicators is forecast to rise only 0.1% in January. Positive contributions are expected from slower deliveries, higher stock prices, a steeper yield curve, and rising expectations. These should be offset by the negative impact of higher jobless claims and the shorter manufacturing workweek. Also at 1500GMT,  Federal Reserve Chair Ben Bernanke is to testify before the Senate Banking Committee on Dodd-Frank reforms, with other regulators. 




 

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • Canada: Retail Sales, m/m, November 0.2% (forecast 0.5%)
  • U.S.: Nonfarm Payrolls, January 227 (forecast 175)
  • Eurozone: Consumer Confidence, January -4.9
March 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.

Connect with Us
Share on
social networks
Online
consultant
Request a callback
Top Page