Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


25.01.2012 08:45

Forex: Tuesday’s review

Yesterday the dollar rose, reaching the highest level this year against the yen, as European policy makers and Greek bondholders failed to reach an agreement on a debt-swap plan for the indebted nation, spurring safety demand.

The yen fell against 12 of 16 major peers tracked by Bloomberg after the Bank of Japan cut its economic growth forecast for next year.

The euro reached the highest level in almost four weeks against the yen earlier after a report showed European services and manufacturing industries unexpectedly expanded in January.

The pound rose against most peers after a report showed the budget deficit shrank in December more than predicted.


EUR/USD: yesterday the pair was under pressure, however was restored later.

GBP/USD: yesterday the pair has grown on a floor of a figure.

USD/JPY: yesterday the pair gain and showed new high of 2012.


On Wednesday UK data at 0930GMT includes the first estimate of Q4 GDP as well as BBA Lending data and the latest Index of Services, while at the same time the latest bank of England MPC meeting minutes are due along with the BoE Agents Report. Main European data stats at 0900GMT with the German IFO business survey. In Davos, Swiss Finance Minister Eveline Widmer-Schlumf is due to speak at 1600GMT, followed at 1630GMT by German chancellor Angela Merkel. US data starts at 1200GMT with the weekly MBA mortgage applications data. At 1500GMT, NAR pending home sales are due along with the FHFA Home Price Index and also BLS Mass Layoffs data. This is followed at 1530GMT by the weekly EIA crude oil stocks data. At 1730GMT, the US Federal Open Market Committee decision is due. Also, this time around, from 1900GMT, the Federal Reserve will publish the FOMC participants federal funds rate projections for the first time, which will be ccompanied by updated quarterly economic assumptions. After this, at 1915GMT, Federal Reserve Chairman Ben Bernanke holds a news conference to provide additional context for the FOMC's policy decision.

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