Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



21.06.2013 06:03

Asian session: The euro snapped a two-day decline

06:35 Japan BOJ Governor Haruhiko Kuroda Speaks


The euro snapped a two-day decline before data today on the region's current-account balance, which climbed to a record in March amid speculation investors repatriated funds from emerging markets. The European Central Bank will release data on the currency bloc's current-account balance today. A surplus in the balance, the broadest measure of international trade, climbed to 25.9 billion euros ($34.3 billion) in March on a seasonally adjusted basis, the highest on record dating back to 1997.

The dollar headed for a weekly gain against all of its 16 major peers before U.S. data next week on home prices and durable-goods orders that may add to the case for a reduction in monetary stimulus that was outlined by the Federal Reserve on June 19. The U.S. Commerce Department is likely to say on June 25 that orders for U.S. durable goods rose 3 percent in May from April, expanding for a second month, according to the median estimate of economists in a Bloomberg News survey. A separate report may show the same day that the S&P/Case-Shiller index of property values jumped 10.6 percent in April from a year earlier, according to another poll of economists. That would almost match March's increase which was the most in seven years.

The yen erased an earlier gain along with Asian stocks before a speech today by Bank of Japan Governor Haruhiko Kuroda.


EUR / USD: during the Asian session the pair rose to $ 1.3255

GBP / USD: during the Asian session the pair traded in the range of $ 1.5490/20

USD / JPY: during the Asian session the pair rose above Y97.50


Friday sees a quieter calendar, although markets will continue to deal with the fall out from the FOMC and the Bernanke comments. The data releases start at 0645GMT, with the release of the French Q1 employment and wages data. Economists are looking for a wages increase of 0.7% on quarter. Bundesbank Board member Joachim Nagel will give a speech on the euro crisis and German banks, starting at 0700GMT. Further EMU data will be released at 0800GMT, when the ECB April current account numbers will be released. At 0930GMT, the German government spokesperson will hold the regular press briefing, in Berlin.

Market Focus

  • U.S. commercial crude oil inventories decreased by 2.5 million barrels from the previous week
  • 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
June 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