Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



13.01.2012 13:49

European session: the euro weakened versus the yen and the dollar after Italian borrowing costs

The euro weakened versus the yen and the dollar after Italian borrowing costs declined less at a note sale today than when the country auctioned bills yesterday.
Italy sold 3 billion euros of notes due in November 2014 today at an average yield of 4.83 percent, down from 5.62 percent at a previous auction on Dec. 29. It also sold debt due in July 2014 and August 2018. Yesterday, the nation sold one- year bills at 2.735 percent, more than half of the 5.952 percent yield at the prior sale on Dec. 12. “Expectations were built up quite significantly following yesterday’s auction,” said Ian Stannard, head of European currency strategy at Morgan Stanley in London. “Any rebound we see in euro-dollar is going to remain limited, and we remain bearish over the medium term.”
The 17-nation currency dropped against all but two of its 16 major counterparts as concern recent measures by European leaders may still fail to resolve the region’s debt crisis.
The Dollar Index headed for a weekly decline before a U.S. report that economists said will show consumer confidence improved this month, reducing demand for the U.S. currency as a haven.

EUR/USD: during european session the pair fell to $1.2765.
GBP/USD: during european session the pair updated session low.
USD/JPY: the pair has traded nearby Y76.75.

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