Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


14.11.2012 07:00

Обзор азиатской сессии: Иена упала против всех основных валют

 

 

Asian session: The yen weakened  

00:30 Australia Wage Price Index, q/q Quarter III +1.0% +0.8% +0.7%

00:30 Australia Wage Price Index, y/y Quarter III +3.7% +3.8% +3.7%


The yen weakened against all 16 major peers on speculation the Bank of Japan (8301) will act to rein in the currency’s strength as it hurts exporters’ earnings. The yen snapped a five-day advance versus the euro after Kyodo News reported the nation’s government will downgrade its monthly economic assessment, which is due Nov. 16, and as a rally in stocks curbed demand for safer assets. Kyodo reported the government will cut its economic assessment for a fourth consecutive month, citing people close to the matter. Data this week showed the nation’s gross domestic product contracted in the third quarter by the most since last year’s earthquake as exports slumped and consumer spending slid. The BOJ increased its asset-purchase program by 11 trillion yen ($138 billion) to 66 trillion yen on Oct. 30, saying the central bank and the government will make “utmost” efforts to overcome deflation. Governor Masaaki Shirakawa and his board next meet on Nov. 19-20.

The euro rebounded from the lowest level in two months as a technical indicator signaled its recent decline may have been too rapid. The 14-day relative strength index for the euro versus the dollar fell to 33.4 yesterday, near the 30 level that some traders see as a sign that an asset price may reverse course. A similar gauge for the single currency against the yen declined to 37.8.

Gains in the euro were limited before data today forecast to show industrial production fell in the currency bloc, adding to signs that the region’s debt crisis is hampering growth. Industrial output in the 17-member euro area declined 2 percent in September from August, when it increased 0.6 percent, according to the median estimate of economists in a Bloomberg News survey before the data release today.


EUR/USD: during the Asian session, the pair rose to yesterday's high.

GBP/USD: during the Asian session, the pair rose, departing from the previous day's low.

USD/JPY: during the Asian session, the pair rose to Y79.55.


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

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