Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



03.10.2012 07:42

Asian session: The euro fell

 

 

01:00 China Non-Manufacturing PMI September 56.3 53.7
01:00 Australia HIA New Home Sales, m/m August -5.6% -5.3%
01:30 Australia Trade Balance August -0.56 -0.62 -2.03

The euro approached a three-week low against the dollar on expectations that signs of an economic slowdown in Europe will increase pressure on the European Central Bank, which at the next meeting on Thursday to consider new steps can mitigate.
Recall that this week ahead of the ECB meeting will be held, the Bank of England and Bank of Japan.
The pressure on the euro remains in connection with the position of the Prime Minister of Spain, Mariano Raho, who made it clear that the country is now the European Union will not ask for help. Investors are eagerly waiting for the Spanish government requested financial support from the European Union, as it will allow the European Central Bank to start buying bonds of Spain.
In the rating agency Moody's said that the analysis of Spain's sovereign debt rating will be completed by the end of October. At the moment, according to Moody's, Spain ranks Baa3, which is the lowest rating, a certain agency. Loss of one stage will mean that Moody's first of the three major rating agencies downgraded Spain to "junk."
The focus is on Wednesday ADP report on employment in the United States and data from the Institute for Supply Management (ISM) for the non-manufacturing sector.
The Australian dollar fell amid evidence that Australia's trade deficit in August was more than expected, and reached 2.027 billion Australian dollars. July figure was revised up to 1.530 billion Australian dollars. Analysts had expected that, given the seasonally adjusted trade deficit of Australia in August will be 685 million Australian dollars.
Recall that the Reserve Bank of Australia on Tuesday decided to lowering key interest rates by a quarter percentage point to 3.25%, which led to an immediate weakening of the national currency.

EUR / USD: during the Asian session the pair fell to $ 1.2876.
GBP / USD: during the Asian session the pair fell to $ 1.6083.
USD / JPY: during the Asian session the pair dropped to Y78.11

At 07:50 GMT France will release PMI index for the services sector in September. At 07:55 GMT Germany will provide PMI index for the services sector in September. At 08:00 GMT the euro area index will be released for the services sector PMI for September and the composite PMI index for September. At 08:30 GMT the UK will provide PMI index for the services sector in September. At 09:00 GMT the UK will hold parliamentary hearings on inflation in Q3. At the same time declares Eurozone Retail Sales for August. At 12:15 GMT the U.S. will publish data on the change in the number of employees from ADP in September. At 14:00 GMT the U.S. will composite index ISM non-manufacturing areas in September. At 14:30 GMT the United States will present data on stocks of crude oil from the Department of Energy. At 18:00 GMT the U.S. will be publication of the minutes of the Fed meeting in September. At 22:00 GMT New Zealand will release a sentiment indicator of the business environment of the NZIER Q3. At 23:30 GMT Australia is to publish the index of activity in the service of the AiG in September.

03.10.2012 07:29

Forex: Tuesday’s review

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