Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


Show news:

08.11.2012 13:27

European session: The pound rose



06:45 Switzerland Unemployment Rate October 2.9% 3.0% 2.9%



07:00 Germany Trade Balance September 18.1 17.2 17

07:45 France Trade Balance, bln September -5.3 -5.0 -5.03

12:00 United Kingdom Asset Purchase Facility - 375 375 375

12:00 United Kingdom BoE Interest Rate Decision - 0.50% 0.50% 0.50%

12:00 United Kingdom MPC Rate Statement -

12:45 Eurozone ECB Interest Rate Decision - 0.75% 0.75% 0.75%

13:15 Canada Housing Starts October 225 215 204

13:30 Canada Trade balance, billions September -1.1 -1.4 -0.8

13:30 Canada New Housing Price Index September +0.2% +0.2% +0.2%

13:30 Eurozone ECB Press Conference -

13:30 U.S. International trade, bln September -44.2 -44.9 -41.5

13:30 U.S. Initial Jobless Claims - 363 373 355


The euro fell to a two-month low against the dollar after German exports fell sharply in September amid falling demand from the euro-zone members. It was another sign that the sovereign debt crisis, after all, reached the borders of Germany. According to the submitted data on Thursday, German exports in September fell by 2.5% compared with August, which graded the growth in the previous month. Compared to the same period of the previous year in September exports fell by 3.4% on a decline in orders from the EU. Of particular concern are the orders from the part of the countries that use the euro, which fell by 9.1% compared with the same period last year.

Earlier, the euro rose against the dollar after the Greek parliament on the eve of yet approved a new package of austerity measures. "For" voted 153 out of 300 deputies - one of the necessary conditions for obtaining the next tranche of international aid, which would allow the country again to avoid a formal bankruptcy. The next (and last) condition - the approval of the budget for 2013, which is expected at the weekend.

Euro remained unchanged against the dollar after the ECB left rates unchanged at 0.75%. Now attention is focused on the markets of the press conference of the head of the Central Bank Mario Draghi.

The pound rose against the euro and the dollar after the Bank of England refrained from increasing its asset purchase program. As expected, today the Bank of England kept interest rates at 0.5%, and the size of asset purchase program - of 375 billion pounds. The last time the rate changed March 5, 2009, and increased QE by 50 billion pounds of 5 July 2012. Minutes of this meeting will be published on 21 November, while the central bank will release 14 November inflation report.


EUR / USD: during the European session, the pair rose to $ 1.2776, and then fell to $ 1.2718

GBP / USD: during the European session the pair fell to $ 1.5928, and then rose to $ 1.6004

USD / JPY: during the European session, the pair rose to the level Y79.98


At 13:30 GMT to begin monthly press conference of the ECB. At 13:30 GMT the U.S. will trade balance for September, the number of initial claims for unemployment insurance and the number of repeated applications for unemployment benefits. At 18:10 GMT a speech head of the Bank of Canada.


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


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
Request a callback
Top Page