Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk


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

14.02.2014 19:20

American focus : the pound has appreciated strongly against the U.S. dollar

Rate of the euro retreated from the maximum values ​​against the dollar, which was achieved after the release of Eurozone GDP , but continues to trade with a slight increase . Pressure on the currency was the U.S. data , which showed that import prices rose a second straight month in January by 0.1 percent after increasing 0.2 percent in December. In January, higher non-fuel prices offset lower fuel prices . Export prices also rose in January by 0.2 percent after rising 0.4 percent in December . January's growth was accompanied by higher non-fuel prices , while the increase in December was due to rising fuel prices . Despite the increase , the overall import prices decreased by 1.5 percent for the year ending in January.

In addition , the decline was due to the publication of the preliminary results of the study, which were presented to Thomson-Reuters and the Michigan Institute . They showed that in February, U.S. consumers feel about the economy and how it was recorded last month. According to preliminary February consumer sentiment index remained at the final reading of 81.2 in January . It is worth noting that according to the average estimates of experts , the index was down compared to the January to reach a value of 80.6 .

Pound was up against the U.S. dollar , reaching maximum values ​​in nearly two years . Most of the rally pound associated with expectations that the Central Bank will raise rates sooner than previously thought. Strategists note that departure from the Bank of England " transparency policy " allowed to revise forecasts for rate increase for shorter periods . However, next week is expected to publish the IFA protocol , which will reflect a unanimous vote, and the CPI at the target level of 2% as a reminder that needed a lot of time ( experts remain forecast Q3 . 2015 with increasing risk in the 1st half of 2015 ) . In the labor market , the focus will be price increases on wages as a leading indicator of future inflation . Anemic wage growth may also reduce rate hike expectations .

The Canadian dollar fell sharply against the U.S. dollar after data showed that Canadian supply industry in the manufacturing sector fell unexpectedly in December , showing the biggest monthly decline in eight months , amid weak demand for aircraft , vehicles and metals. This was reported by Statistics Canada on Friday .

Industrial sales fell 0.9 % on a monthly basis to 49.87 billion Canadian dollars ( $ 45.55 billion ) , while market expectations were at 0.3% growth . In volume terms, the shipments index fell 1.9 % , the largest decline during the year.

Meanwhile, data on industrial supplies for November were revised downward and now showed that sales rose by only 0.5 % per month, or half the original estimates an increase of 1.0%.

14.02.2014 18:20

European stock close

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


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