Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.10.2012 07:41

Forex: Monday’s review

 

 

Yesterday the yen continued a series of declines against the dollar, registering with the 8th-session decline in a row and the longest string of losses in the last seven years in. This trend was due to the release of data that showed that the volume of Japanese exports fell sharply.

The Japanese currency fell against all 16 most-traded currencies after Economy Minister Seiji Maehara said yesterday the introduction of additional incentives.

Today, the yen hit a mark Y79.88, which is the lowest level since July 12.

At the same time, the yen fell against the euro to the level of Y104, 46, which is the minimum in May.

The Australian dollar weakened against most major currencies before a report this week will shed light on the rate of inflation, which is expected to show the slowest pace in 13 years, providing more opportunities to the country's central bank to cut interest rates.

The pound rose for the first time in three days against the dollar after a report showed that the number of bankruptcies in the UK industrial business fell in September, while increasing optimism that the economic recovery continues.

UK currency also fell against the euro and the dollar, in the run-up policy, the Bank of England, which is scheduled for November 8.

The Canadian dollar touched its lowest level against the U.S. dollar for more than 10 weeks, as investors speculated that the Bank of Canada will be at tomorrow's meeting will not pay close attention to interest rates.


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