Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


17.11.2014 16:44

Foreign exchange market. American session: the U.S. dollar mixed against the most major currencies after the weaker-than-expected U.S. industrial production and NY Fed Empire State manufacturing index

The U.S. dollar mixed against the most major currencies after the weaker-than-expected U.S. industrial production and NY Fed Empire State manufacturing index. The U.S. industrial production declined 0.1% in October, missing expectations for a 0.2% rise, after a 0.8% gain in September. September's figure was revised down from a 1.0% increase.

The Fed said that the decrease was driven by a fall in output of consumer goods and materials.

Capacity utilisation rate fell to 78.9% in October from 79.2% in September. September's figure was revised down from 79.3%. Analysts had expected a capacity utilisation rate of 79.3%.

The NY Fed Empire State manufacturing index increased to 10.16 in October from 6.2 in September. Analysts had expected the index to rise to 12.1.

The euro fell against the U.S. dollar due to comments by the European Central Bank President Mario Draghi. The European Central Bank (ECB) President Mario Draghi was testifying to the European Union's Parliament on Monday. He pointed out that the ECB could purchase government bonds.

Draghi noted that governments need to implement structural reforms.

Bundesbank said in its monthly report that Germany's economic growth was likely to remain weak in the next few months.

Eurozone's trade surplus widened to €17.7 billion in September from €15.4 billion in August, exceeding expectations for a rise to €16.2 billion. August's figure was revised down from a surplus of €15.8 billion.

The British pound traded slightly higher against the U.S. dollar. The Rightmove house price index for the U.K. declined 1.7% in November, after a 2.6% gain in October.

The Canadian dollar traded slightly lower against the U.S. dollar after the weaker-than-expected foreign securities purchases from Canada. Foreign securities purchases in Canada rose by C$4.37 billion in September, missing expectations for a gain of C$11.32 billion, after a C$10.29 increase in August. August's figure was revised up from a C$10.28 billion rise.

The New Zealand dollar traded higher against the U.S. dollar. In the overnight trading session, the kiwi increased against the greenback after the solid retail sales from New Zealand, but lost all its gains in the morning trading session. Retail sales in New Zealand rose 1.50% in the third quarter, after a 1.1% gain in the second quarter. The second quarter' figure was revised down from a 1.2% increase.

Retail sales excluding automobiles climbed 1.4% in the third quarter, after a 1.2% gain in the second quarter.

The Australian dollar traded lower against the U.S. dollar. In the overnight trading session, the Aussie traded higher against the greenback despite weak new motor vehicle sales. New motor vehicle sales in Australia fell 1.6% in October, after a 2.9% rise in September.

The Japanese yen traded lower against the U.S. dollar. Japan's gross domestic product dropped by an annual rate of 1.6% in the third quarter, after a 7.3% fall in the previous quarter. Analysts had expected a 2.1% gain.

Investors speculate that Japan's Prime Minister Shinzo Abe will announce this week a delay in the sales-tax 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