Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



24.06.2014 15:41

Foreign exchange market. American session: the U.S. dollar increased against the most major currencies due to the strong U.S. economic data

The U.S. dollar increased against the most major currencies due to the strong U.S. economic data. The Conference Board released its consumer confidence index. The index climbed to 85.2 in June from a reading of 82.2 in May. That was the highest level since January 2008. May's figure was revised down from 83.0. Analysts expected an increase to 83.6.

New home sales in the U.S. jumped 18.6% in May to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May 2008.

Analysts had expected new home sales to rise to 442,000 units. April's figure was revised down to 425,000 units from 433,000 units.

S&P/Case-Shiller home price index climbed 10.8% in April, missing expectations for a gain of 11.6%, after a 12.4% rise in March.

Richmond Fed manufacturing index declined to 3 in June from 7 in May, missing expectations for a fall to 6. Figures above zero indicate expansion.

The euro declined against the U.S. dollar after the release of the better-than-expected U.S. economic data. The German Ifo business climate index declined to 109.7 in June from 110.4 in May. That was the lowest level this year. Analysts had expected a fall to 110.3.

The German Ifo expectations index fell to 104.8 in June from 106.2 in May.

The British pound declined against the U.S. dollar due to the speech of the Bank of England (BoE) Governor Mark Carney and the better-than-expected U.S. economic data. Mark Carney testified before parliament's Treasury committee today. He said that the interest rate hike will be driven by the U.K. economic data. He also said that wages in the U.K. are softer than expected by the BoE.

These comment by Mark Carney means there is no need to hike interest rate.

The British Bankers Association release the mortgage approvals. The U.K. mortgage approvals climbed by £41,800 in May, exceeding expectations for a rise of £41,300, after an increase of £41,900 in April.

The New Zealand dollar fell against the U.S dollar due to the better-than-expected U.S. economic data. No economic reports were released in New Zealand.

The Australian dollar declined against the U.S. dollar due to the better-than-expected U.S. economic data. No economic reports were released in Australia.

The Japanese yen traded lower against the U.S. dollar due to the better-than-expected U.S. economic data. No economic reports were released in Japan.

Japan's Prime Minister Shinzo Abe unveiled the reform plans of his "third arrow" strategy today. His reform plan focuses to encourage Japanese companies to invest more and create more jobs. The government plans to cut the corporate tax rate and to boost the role of working women due to the shrinking workforce in Japan.

24.06.2014 15:40

Oil 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