Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


06.08.2012 08:46

Asian session: The yen and dollar touched the lowest in more than three weeks against the euro

 

01:30 Australia ANZ Job Advertisements (MoM) July -1.2% -0.8%

05:00 Japan Leading Economic Index June 95.2 93.0 92.6

05:00 Japan Coincident Index June 95.8 93.9 93.8


The yen and dollar touched the lowest in more than three weeks against the euro as Asian shares extended a global rally on bets central banks are standing by to support growth, sapping demand for refuge assets. The yen held a decline from the end of last week against major peers amid speculation the Bank of Japan will take action to weaken the currency at a two-day policy meeting starting Aug. 8.

The Dollar Index slid to the lowest in a month before Federal Reserve Chairman Ben S. Bernanke speaks today. Bernanke is due to speak on economic measurement at a conference in Cambridge, Massachusetts today. The Labor Department said on Aug. 3 that U.S. payrolls increased by 163,000 in July, the most since February and exceeding the 100,000 gain estimated by economists surveyed by Bloomberg News. The unemployment rate rose to 8.3 percent from 8.2 percent in June.

Demand for the euro was limited before data tomorrow that may show Germany’s factory orders and Italy’s industrial output fell. Orders fell 7 percent in June from a year earlier, the steepest drop since October 2009, according to economist estimates before the figure is released in Berlin.


EUR / USD: during the Asian session the pair rose above $1.2400, but later declined.

GBP / USD: during the Asian session the pair fell, approaching $1.5600.

USD / JPY: during the Asian session the pair fell, retreating from Friday's high.


At 0930GMT, the German government gives a press conference in Berlin, although there is no major European economic data on the  schedule for Monday. UK data gets things started with the latest Halifax House Price Index at 0700GMT, while UK new car registrations data is also due, at 0800GMT. US events start at 1330GMT, when Federal Reserve Chairman Ben Bernanke speaks via recorded video to the 32nd General Conference of the International Association for Research in Income and Wealth, taking place in Boston.

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 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