Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


16.04.2013 18:35

American focus: the yen and dollar weakened

The yen and dollar weakened, reversing yesterday’s gains, as a recovery in gold and U.S. stocks sapped demand for the safest assets.

Japan’s currency dropped versus all of its 16 most-traded peers as investors bet its rally yesterday when investors sought haven investments was excessive.

Stocks rose after Commerce Department data showed new-home construction in the U.S. jumped more than forecast in March. Housing starts in the U.S. increased 7 percent to a 1.04 million annual rate, the most since June 2008. Economists in a Bloomberg survey forecast 930,000.

The greenback remained lower versus most major peers as figures from the Federal Reserve showed output at U.S. factories fell 0.1 percent after a 0.9 percent increase in February that was larger than first reported. A survey forecast a 0.1 percent rise. Total industrial production rose 0.4 percent.

The euro climbed to a seven- week high versus the greenback. The U.S. consumer-price index unexpectedly declined 0.2 percent last month after a 0.7 percent jump in February, the Labor Department said in Washington. The forecast in a Bloomberg survey was for no change. The core measure, which excludes volatile food and energy costs, rose 0.1 percent, less than forecast. For the 12 months that ended in March, consumer prices increased 1.5 percent, the smallest gain since July, compared with a 2 percent year-over-year gain reported in February.

Sterling fell to the weakest in a month against the euro after a report showed consumer-price inflation stayed above the Bank of England’s target at the same time as growth stagnates. The pound weakened 0.7 percent to 85.88 pence per euro after touching 86.02, the least since March 15. The currency appreciated 0.4 percent to $1.5351.


16.04.2013 17:25

European stocks close

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