Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


22.05.2014 15:50

Foreign exchange market. American session: the U.S. dollar traded higher against the most major currencies after the release of the U.S. economic data

The U.S. dollar traded higher against the most major currencies after the release of the U.S. economic data. The initial jobless claims in the U.S. climbed by 28,000 to 326,000, from 298,000 in the previous week. Analysts had expected an increase of jobless claims by 12,000 to 310,000.

U.S. flash manufacturing purchasing managers' index rose to 56.2 in May, from 55.4 in April. Analysts had forecasted a gain to 55.6.

Sales of existing homes in the U.S. climbed to 1.3% in April to an annual rate of 4.65 million units, missing expectations of a 2.2% gain to 4.68 million. That was the first increase in 2014.

The euro decreased against the U.S. dollar. Eurozone’s flash manufacturing purchasing managers' index fell to 52.5 in May, from 53.4 in April. That was the slowest growth in six months. Analysts had expected a decrease to 53.2.

Eurozone’s flash services purchasing managers' index climbed to 53.5 in May, from 53.1 in April. That was the fastest pace in almost three years. Analysts had forecasted a decrease to 53.0.

France's flash manufacturing purchasing managers' index decreased to 49.3 in May, from 51.2 in April. Analysts had expected a decline to 51.1.

France's flash services purchasing managers' index decreased to 49.2 in May, from 50.4 in April. Analysts had forecasted a fall to 50.3.

Germany's manufacturing purchasing managers' index I slid to 52.9 in May, from 54.1 in April. Analysts had expected a decline to 54.0.

Germany's services purchasing managers' index gained to 56.4 in May, from 54.7 in April. Analysts had forecasted a rise to 54.8.

The British pound declined against the U.S. dollar after the U.K. gross domestic product. U.K. gross domestic product increased 0.8% in the first quarter (Q4 2013: +0.8%). Analysts had expected this figure.

On a yearly basis, U.K. gross domestic product climbed 3.1% in the first quarter (Q4 2013: +3.1%). Analysts had expected this growth.

U.K. business investment rose by 2.7% in the first quarter, from a 2.4% gain in the previous quarter. That was the highest pace since the first quarter of 2013.

On a yearly basis, U.K. business investment climbed 8.7% in the first quarter, unchanged from the previous quarter figure.

The Confederation of British Industry released the British factory orders. The Confederation of British Industry's (CBI) total order book balance was 0 in May, up from -1 in April. Analysts had expected +4.

The Canadian dollar rose against the U.S. dollar. The retail sales in Canada decreased 0.1% in March, from a 0.5% rise in February. Analysts had expected a 0.2% gain.

The Canadian retail sales excluding automobile sales climbed 0.1% in March, from a 0.6% increase in February. Analysts had forecasted a 0.5% rise.

The New Zealand dollar traded lower against the U.S. dollar. The Reserve Bank of New Zealand reported its annual inflation expectations increased to 2.4% in the first quarter, from 2.3% in the previous quarter.

The kiwi was also supported by the better-than-expected Chinese economic data. China’s HSBC manufacturing index (preliminary) climbed to 49.7 in May, up from 48.1 in April. Analysts had expected an increase to 48.4.

The Australian dollar increased against the U.S. dollar after the release of inflation expectations in Australia and Chinese manufacturing data, but later lost its gains. The inflation expectation for the next 12 months rose to 4.4% in April, from 4.2% in March. March’s figure was revised up from +2.4%.

The Japanese yen traded lower against the U.S. dollar. The decreasing demand for safe-haven currency had a negative impact on the yen. No economic data was published in Japan.

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