Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


10.02.2012 19:40

American focus: euro fell

The euro fell from a two-month high against the dollar as European finance ministers withheld an aid package necessary to prevent the Greek economy from collapsing. The shared European currency slid from the highest since December against the yen after the leader of one of the Greek government’s supporting parties said he couldn’t back an austerity accord needed to secure the bailout. Greek Finance Minister Evangelos Venizelos said his euro- area counterparts refused to approve a 130 billion-euro ($171 billion) aid package because the government fell short of austerity demands. George Karatzaferis, the leader of Greece’s Laos party, said he couldn’t support an accord on cuts in its present form.

The Swiss franc rose in a while in January, consumer price inflation registered a fourth consecutive decline, which became at the same time the highest since October 2009, as the high rate of the franc caused the fall in the value of goods imported into the country. The cost of imported consumer goods to Switzerland fell by 1.8% m / m and 3.2% y / y. Meanwhile, prices for products made ​​in Switzerland rose by 0.1% in month and year on year. Record growth of the national currency has forced the SNB set last September, the binding rate for the euro / franc at around 1.20, and recently acting Central Bank Jordan reaffirmed the willingness of monetary authorities to defend it at any price level, as well as "additional measures, if required by the economic outlook and the threat of deflation."

10.02.2012 19:15

European stocks close:

Market Focus

  • U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week
  • 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
June 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