Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


04.04.2014 12:15

European session: the euro continued its yesterday's decline against the U.S. currency

Data

07:00 United Kingdom Halifax house price index March +2.4% +0.7% -1.1%

07:00 United Kingdom Halifax house price index 3m Y/Y March +7.9% +2.3%

10:00 Germany Factory Orders s.a. (MoM) February +1.2% +0.5% +0.6%

10:00 Germany Factory Orders n.s.a. (YoY) March +8.4%  +7.3%


The Euro is trading lower against the dollar today on the eve of the publication of official unemployment data from the U.S. Labor Department . According to the median forecast of economists in March U.S. employers created 196 thousand , jobs against 175 thousand in the previous month . Projected growth will correspond to the average wage growth in the last two years and shows that the company optimistic about the sales, but bad weather will cause a decline in the 1st quarter . Last year, the average rate of growth was 194,000 jobs and 186,000 in 2012 . Employment report will be released at 12:30 GMT.

The euro has also yesterday's statement of the ECB. European Central Bank President Mario Draghi reiterated : CB can actively use unconventional instruments , within its mandate , if necessary . He also notes that unemployment remains at maximum, and that the risks to the economic outlook remain skewed to the downside . Draghi also said that the meeting discussed the ECB quantitative easing or QE. Discussions of the Governing Council were "sufficient" and " rich ."

Pound fell against the dollar on weak UK data on house price index , as well as expectations exit data on employment in the United States. The report, which was published earlier today by Lloyds Banking Group, showed that house prices in the UK fell in March , registering with the first decline in the last three months. According to reports, the house price index from Halifax in March decreased by 1.1 per cent ( on a monthly basis ) , partially offset by an increase of 2.5 percent marked in February ( revised up from 2.4 percent). According to the average forecasts of experts, prices would have to increase by 0.7 percent. Meanwhile, it became known that for three months ( March) prices rose by 8.7 percent compared to the same period last year.

Recall that other studies on home prices also pointed to an increase , led by growth in London and the south-east . Earlier this week , a nationwide survey for March showed that prices rose by 0.4 % over the month and by 9.5 % per annum.


EUR / USD: during the European session, the pair fell to $ 1.3695

GBP / USD: during the European session, the pair fell to $ 1.6555

USD / JPY: during the European session, the pair traded in a narrow range


At 12:30 GMT , Canada will report on the unemployment rate and the change in the number of employees in March . Also this time, the U.S. declares the level of unemployment and changes in the number of people employed in non-farm payrolls in March . At 14:00 GMT in Canada come from the Ivey PMI index for March.

04.04.2014 12:00

Orders

Market Focus

  • Donald J. Trump was inaugurated as the 45th president of the United States
  • 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
March 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