Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



26.01.2015 07:30

Foreign exchange market. Asian session: Euro trades near 11-year low in early trading after Syriza victory

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

00:00 Australia Bank holiday

02:00 New Zealand Credit Card Spending December +5.2% +4.5%

The U.S. dollar traded mixed against the most major currencies. The euro dropped to a low at USD1.1097 on concerns the Greek elections result could lead to instability in Europe but recovered during the session. The anti-austerity party Syriza won a decisive victory within two seats of the absolute majority. Alexis Tsirpas,the new Prime Minister, has pledged to keep Greece within the monetary union but wants to renegotiate Greek debt.

The Australian dollar extended losses against the greenback and trading below its lows established in May 2010 as oil continued to decline dampening demand for commodity-currencies. Today markets are closed I Australia due to a bank holiday.

New Zealand's dollar continued its fall and traded at the weakest since 2012 against the greenback currently trading at USD0.7440 closing in on lows hit in July 2012. Credit Card Spending rose at a slower pace in December at +4.5% compared to +5.2% in November.

The Japanese yen traded lower against the greenback on Monday although the Adjusted Merchandise Trade Balance rose from -925.01 to -712.1 billion on Sunday and Japan's exports rose more-than-expected by 12.9% in December driven by a weaker Japanese Yen.

EUR/USD: the euro traded higher against the greenback

USD/JPY: the U.S. dollar traded stronger against the yen

GPB/USD: The British pound traded stronger against the U.S. dollar

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

09:00 Germany IFO - Business Climate January 105.5 106.2

09:00 Germany IFO - Current Assessment January 110.0 110.6

09:00 Germany IFO - Expectations January 101.1 106.2

09:30 United Kingdom BBA Mortgage Approvals December 36.7

10:00 Eurozone Eurogroup Meetings

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