Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


23.02.2015 13:03

Foreign exchange market. European session: the British pound traded lower against the U.S. dollar after the weaker-than-expected data from the U.K.

Economic calendar (GMT0):

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

00:00 China Bank holiday

02:00 New Zealand Credit Card Spending January +4.5% +6.2%

09:00 Germany IFO - Business Climate February 106.7 107.4 106.8

09:00 Germany IFO - Expectations February 102.0 103.0 102.5

09:00 Germany IFO - Current Assessment February 111.7 112.7 111.3

11:00 United Kingdom CBI retail sales volume balance February 39 42 1

The U.S. dollar traded mixed against the most major currencies ahead the U.S. existing home sales data. The existing home sales in the U.S. are expected to decrease to 5.03 million units in January from 5.04 million units in December.

The euro dropped against the U.S. dollar despite new bailout deal between Greece and the European Union. Greece and the European Union agreed on Friday to extend Greek bailout programme by four months.

German Ifo business climate index rose to 106.8 in February from 106.7 in January, missing expectations for a rise to 107.4.

The British pound traded lower against the U.S. dollar after the weaker-than-expected data from the U.K. The Confederation of British Industry released its monthly Distributive Trades survey on Monday. The CBI retail sales balance dropped to 1% in February from 39% in January, missing expectations for an increase to 42%. That was the lowest level since November 2013.

The drop was largely driven by lower supermarkets and department stores sales.

Sales expectations for March declined to 27% from 42% in February.

EUR/USD: the currency pair declined to 1.1294

GBP/USD: the currency pair fell to $1.5331

USD/JPY: the currency pair rose to Y119.36

The most important news that are expected (GMT0):

15:00 U.S. Existing Home Sales January 5.04 5.03

Market Focus

  • The eurozone started the third quarter on a solid footing, according to PMI survey data
  • Earnings Season in U.S.: Major Reports of the Week
  • German private sector output growth slowed for the second month running in July
  • ECB's Mersch says as conditions normalise, it is unlikely that uncoventional policies will remain necessary
July 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