Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


27.05.2014 16:01

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

The U.S. dollar traded higher against the most major currencies after the release of strong U.S. economic data. U.S. durable goods orders rose 0.8% in April, after a 2.9% gain in March. March’s figure was revised up to 2.9% from 2.6%. Analysts had expected a 0.4% decrease. April’s increase of durable goods orders was driven by demand for defence goods

U.S. core durable goods orders excluding transportation climbed 0.1% in April, after a 2.4% gain in March. March’s figure was revised up to a 2.4% increase from a 2.0% rise. Analysts had forecasted a 0.2% gain.

U.S. core durable goods orders excluding defence dropped 0.8% in April, after a 1.8% rise in March.

The Conference Board released its index of consumer confidence. The consumer confidence index climbed to 83.0 in May, from 81.7 in April. April’s figure was revised down from 82.3.

Standard & Poor’s/Case-Shiller house price index increased at an annualized rate of 12.4% in March, after a 12.9% rise in February. Analysts had expected an 11.9% increase.

U.S. flash services purchasing manager index surged to 58.4 in April, from 55.0 in March. Analysts had expected an increase to 55.6.

The euro dropped against the U.S. dollar due to strong U.S. economic data. The European Central Bank President Mario Draghi said on Tuesday the ECB is aware of risks from low inflation. He added that the ECB had the tools to get inflation in the Eurozone back close to 2%. His comments have fanned expectations for further stimulus measures by the ECB in June.

The British pound declined against the U.S. dollar after the release of U.K. mortgage approvals and strong U.S. economic data. U.K. mortgage approvals climbed by 42,200 in April, missing expectations for a 45,200 gain. March’s figure was revised down to a 45,000 rise from a previously estimated 45,900 increase.

The Swiss franc traded lower against the U.S. dollar. Switzerland's trade surplus rose to 2.425 billion Swiss francs in April, from 1.996 billion Swiss francs in March. March’s figure was revised down from a previously estimated surplus of 2.050 billion Swiss francs. Analysts had expected the trade surplus to climb to 2.052 billion Swiss francs.

The number of employed people in Switzerland remained unchanged at 4.190 million in the first quarter. Analysts had forecasted an increase to 4.210 million.

The New Zealand dollar declined against the U.S in the absence of any major economic reports in New Zealand.

The Australian dollar climbed to 1-week highs against the U.S. dollar in the absence of any major economic reports in Australia, but later lost all its gains.

The Japanese yen increased against the U.S. dollar after the release of corporate services price index in Japan, but later lost all its gains. The corporate services price index in Japan climbed 3.4% in April, from 0.7% in March. Analysts had expected a 3.3% increase.

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