Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


11.05.2011 17:17

US focus: Canadian dollar declines as crude oil drops

Canada’s dollar dropped for the first time in four days against the greenback as crude oil fell after a report showed U.S. inventories rose to a two-year high and North American stocks declined.



The Canadian dollar weakened a day after Finance Minister Jim Flaherty said the government wants to avoid extreme currency fluctuations.
Crude oil for June delivery fell 4.8% to $98.90 a barrel.
Supplies of crude in the U.S., Canada’s biggest trading partner, jumped 3.78 million barrels to 370.3 million in the week ended May 6, the Energy Department said today in a weekly report. Inventories were forecast to climb by 1.5 million barrels. The increase puts supplies at the highest level since May 8, 2009.
Canadian employers added a net 58,300 jobs in April after a decrease of 1,500 in the previous month, Statistics Canada reported last week. The median forecast of  economists was for an increase of 20,000. The jobless rate unexpectedly dropped to 7.6%.
The nation reported a fourth straight trade surplus in March, the longest string since November 2008 and a sign that exporters are recovering from the global recession.
The surplus widened to C$627 million ($658 million), larger than the C$400 million median forecast.

The pound gained versus the dollar and the euro after the Bank of England said it sees inflation “markedly higher” in the near term, boosting speculation that borrowing costs will rise from record low levels.
The Bank of England left its main interest rate at a record-low 0.5 percent on May 5, three days after King indicated he favors keeping borrowing costs on hold, even as inflation accelerates at twice the bank’s 2% limit.

11.05.2011 16:52

Barclays Capital on AUD/USD

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
February 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