Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



23.04.2012 08:17

Asian session: Demand for the dollar was supported

 

01:30 Australia Producer price index, q / q Quarter I +0.3% +0.6% -0.3%

01:30 Australia Producer price index, y/y Quarter I +2.9% +2.2% +1.4%

02:30 China HSBC Manufacturing PMI (preliminary) April 48.3 49.1


The yen rose as incumbent Nicolas Sarkozy and Socialist challenger Francois Hollande made it to the final round of France’s presidential elections amid concern Europe is failing to contain the region’s debt crisis.

Demand for the dollar was supported on the prospect reports tomorrow will show the U.S. economy is gaining momentum, reducing the likelihood the Federal Reserve will expand monetary easing. The Fed will release a statement on monetary policy along with its projections for growth, unemployment and inflation on April 25. All 76 economists surveyed by Bloomberg predict the central bank will keep its benchmark rate in a range of zero to 0.25 percent at the meeting.

The so-called Aussie dollar declined against all 16 of its major peers after Australia’s producer price index dropped 0.3 percent in the January-to-March period from the prior quarter, when it gained 0.3 percent, the Bureau of Statistics said in Sydney today. The index was forecast to climb 0.4 percent, according to the median estimate in a Bloomberg News survey.

A Credit Suisse Group AG index based on swaps indicates traders are betting the Reserve Bank of Australia will lower rates by 98 basis points over the next 12 months. That compares with 38 basis points indicated on March 20.


EUR/USD: during the Asian session the pair decreased.

GBP/USD: during the Asian session the pair fell.

USD/JPY: during the Asian session the pair receded from week's high.


European data starts at 0600GMT with German Construction Orders, while this morning also sees the flash Manufacturing/services PMI

releases for the core-European states, including France at 0658GMT,Germany at 0728GMT and the main EMU release at 0758GMT. UK data at 0830GMT sees Bank of England Trends in Lending and CML Gross Mortgage Lending data. At 1745GMT, Treasury Secretary Tim

Geithner and other the other five Social Security trustees issue the annual report with updated projections of Trust Fund benefits schedule. US data at 1900GMT then sees Treasury Allotments by Class data.

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
24
25
26
27
28
29
30
31

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