Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



12.06.2014 15:49

Foreign exchange market. American session: the U.S. dollar declined against the most major currencies after the weaker-than-expected U.S. economic data

The U.S. dollar declined against the most major currencies after the weaker-than-expected U.S. economic data. The U.S. retail sales increased 0.3% in May, missing expectations for a 0.5% gain, after a 0.5% rise in April. April’s figure was revised up to a 0.5% gain from an increase of 0.1%.

The U.S. core retail sales excluding automobile sales were up 0.1% in May, missing expectations for a 0.4% increase, after a 0.4% rise in April. April’s figure was revised up to 0.4% from 0%.

The U.S. Labor Department released the number of initial jobless claims. The initial jobless claims in the week ending June 7 rose by 4,000 to 317,000. Analysts had forecasted a decline by 6,000 to 306,000.

The U.S. import price index increased 0.2% in May, meeting expectations, after a 0.4 fall in April.

Business inventories in the U.S. rose 0.6% in April, exceeding expectations for a 0.4% gain, after a 0.4% increase in March.

The euro traded higher against the U.S. dollar due to the weaker-than-expected U.S. economic data. Market participants remained unimpressed by the better-than-expected industrial production in the Eurozone. The industrial production in the Eurozone increased 0.8% in April, beating expectations for a 0.5% gain, after a 0.3% decline in March.

On a year-over-year basis, Eurozone’s industrial production rose 1.4% in April, exceeding expectations for a 0.9% increase, after a 0.1% fall in March.

The British pound traded higher against the U.S. dollar. The British currency was still supported by the yesterday’s strong U.K. labour market data. The U.K. unemployment rate fell to 6.6% in the three months to April. Jobless claims (claimant count) declined by 27,400 in May. Investors speculate the Bank of England will raise interest rate sooner than expected.

The Canadian dollar increased against the U.S. dollar due to the weaker-than-expected U.S. economic data. The new housing price index in Canada rose 0.2% in April, missing expectations for a 0.3% increase, after a 0.2% gain in March.

The New Zealand dollar climbed reached 1-month highs against the U.S dollar after the interest hike in New Zealand. The Reserve Bank of New Zealand (RBNZ) raised its interest rate to 3.25% from 3.00%. New Zealand’s central bank commented that borrowing costs could rise again this year.

The Australian dollar climbed against the U.S. dollar due to the weaker-than-expected U.S. In the overnight trading session, the labour market data was released in Australia. The number of employed people in Australia fell by 4,800 in May, missing expectations for a 10,300 rise, after 10,300 gain in April. April's figure was revised down to a 10,300 increase from a 14,200 increase.

Australia's unemployment rate remained unchanged at 5.8% in May. Analysts had expected an increase to 5.9%.

The Melbourne Institute released its inflation expectations for the next 12 months for Australia. The inflation expectations dropped to 4.0% in May from 4.4% in April.

The Japanese yen traded higher against the U.S. dollar due to the weaker-than-expected U.S. economic data. Japan’s core machinery orders dropped 9.1% in April, after a 19.1% gain in March. Analysts had forecasted a 10.8% decline.

On a yearly basis, the core machinery orders in Japan climbed 17.6% in April, after a 16.1% rise in March.

12.06.2014 15:40

Оil rose

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