Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


06.06.2014 15:33

Foreign exchange market. American session: the U.S. dollar traded higher against the most major currencies after the mixed U.S. jobs market data

The U.S. dollar traded higher against the most major currencies after the mixed U.S. jobs market data. The unemployment rate in the U.S. remained unchanged at 6.3% in May. Analysts had expected an increase to 6.4%.

The U.S. economy added 217,000 in May, missing expectations for a 218,000 rise, after a 282,000 gain in April. April’s figure was revised down from a 288,000 increase.

These figures seem to be another sign that the U.S. economy gaining the kind of sustained momentum.

The euro traded lower against the U.S. dollar. Market participants seemed to be unimpressed by the stimulus measures by the European Central Bank.

German economic data was released. Germany's trade surplus climbed to €17.7 billion in April from €15.0 billion in March. March’s figure was revised up from a surplus of €14.8 billion. Analysts had expected Germany’s trade surplus to increase to €15.2 billion.

German industrial production rose 0.2% in April, missing expectations for a 0.4% gain, after a 0.5% decline in March. On a yearly basis, the industrial production in Germany increased 1.8% in April, after a 3.0% rise in March.

Germany’s current account surplus declined to €18.4 billion in April from €19.5 billion in March.

The British pound traded lower against the U.S. dollar. The U.K. trade deficit rose to £8.92 billion in April, from £8.29 billion in March. March’s figure was revised up from a deficit of £8.48 billion. Analysts had expected the U.K. trade deficit to increase to £8.65 billion.

The U.K. consumer inflation expectations declined to 2.6% from 2.8%.

The Swiss franc traded lower against the U.S. dollar. Switzerland’s consumer price index climbed 0.3% in May, exceeding expectations for a 0.2% gain, after a 0.1% rise in April.

The Canadian dollar declined against the U.S. dollar due to the higher unemployment rate in Canada. Canada's unemployment rate climbed to 7.0% in May, from 6.9% in April. Analysts had expected the unemployment rate to remain unchanged.

The Canadian economy added 25,800 in May, exceeding expectations for a 25,000 gain, after a 28,900 decline in April. Most of the gains were in part-time work. The job growth in the private sector was flat.

The New Zealand dollar traded mixed against the U.S dollar in the absence of any major reports in New Zealand.

The Australian dollar traded mixed against the U.S. dollar. The AI Group/HIA construction index for Australia increased to 46.7 in May from 45.9 in April. The index still remained in contractionary territory due to the weakness in engineering and commercial construction. Figures above 50 indicate expansion while figures below signal contraction.

The Japanese yen declined against the U.S. dollar after the U.S. labour market data. Japan’s leading economic index declined to 106.6 in April from 107.1 in March, but exceeding expectations for a decline to 106.2.

Japan’s coincident index slid to 111.1 in April from 114.5 in March.

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