Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



02.03.2015 16:39

Foreign exchange market. American session: the U.S. dollar traded mixed to higher against the most major currencies after the mixed U.S. economic data

The U.S. dollar traded mixed to higher against the most major currencies after the mixed U.S. economic data. The Institute for Supply Management's manufacturing purchasing managers' index declined to 52.9 in February from 53.5 in January, missing expectations for a decline to 53.4. That was the lowest reading since January 2014.

A reading above 50 indicates expansion, below indicates contraction.

Most components of the index fell, showing a slow growth in the manufacturing sector.

Personal spending decreased 0.2% in January, after a 0.3% fall in December.

Consumer spending makes more than two-thirds of U.S. economic activity.

The decline was driven by lower gasoline prices.

Personal income climbed 0.3% in January, after a 0.3% rise in December.

The personal consumption expenditures (PCE) price index excluding food and energy rose 0.1% in January, in line with expectations, after a flat reading in December.

On a yearly basis, the PCE price index excluding food and index rose 1.3% in January, after a 1.3% increase in December.

The euro fell against the U.S. dollar. The inflation in the Eurozone rose to an annual rate of -0.3% in February from -0.6% in January. Analysts had expected a 0.5% drop.

Eurozone's unemployment rate fell to 11.2% in January from 11.3% in December. Analysts had expected the unemployment rate to climb to 11.4%. December's figure was revised up from 11.4%.

Eurozone's final manufacturing purchasing managers' index (PMI) fell to 51.0 in February from a preliminary reading of 51.1. Analysts had expected the final index to remain unchanged at 51.1.

Germany's final manufacturing PMI increased to 51.1 in February from a preliminary reading of 50.9. Analysts had expected the final index to remain unchanged at 50.9.

France's final manufacturing PMI decreased to 47.6 in February from a preliminary reading of 47.7. Analysts had expected the final index to remain unchanged at 47.7.

The British pound decreased against the U.S. dollar. Net lending to individuals in the U.K. increased by £2.4 billion in January, after a £2.1 billion gain in December, missing expectations for a rise by £2.8 billion. December's figure was revised down from a £2.2 billion increase.

The number of mortgages approvals in the U.K. increased by 60,786 in January, after a gain by 60,349 in December.

The U.K. manufacturing PMI increased to 54.1 in February from 53.1 in January. January's figure was revised up from 53.0.

The U.K. house price index decreased 0.1% in January, after a 0.3% rise in December.

On a yearly basis, the U.K. house price inflation fell to 5.7% in January from 6.8% in December.

The Canadian dollar traded lower against the U.S. dollar after the weaker-than-expected Canadian current account data. Canadian current account deficit widened to C$13.9 billion in the fourth quarter from a deficit of C$9.6 billion in the third quarter. The third quarter figure was revised down from a deficit of C$8.4 billion.

Analysts had expected a deficit of C$7.4 billion.

The decline was driven by lower exports as oil price dropped in the fourth quarter.

The Swiss franc traded lower against the U.S. dollar. The manufacturing purchasing managers' index in Switzerland dropped to 47.3 in February from 48.2 in January.

The New Zealand dollar traded lower against the U.S. dollar. In the overnight trading session, the kiwi declined against the greenback despite the overseas trade index from New Zealand. New Zealand's overseas trade index decreased 1.9% in the fourth quarter, after a 4.3% drop in the third quarter. The third quarter's figure was revised up from a 4.4 decline.

The Australian dollar traded mixed against the U.S. dollar. In the overnight trading session, the Aussie fell against the greenback after the mostly negative data from Australia. Company operating profits in Australia decreased 0.2% in the fourth quarter, missing expectations for a 9.7% rise.

Australia's new home sales climb 1.8% in January, after a 1.9% drop in December.

The AIG manufacturing index decreased to 45.4 in February from 40.0 in January.

The Japanese yen declined against the U.S. dollar. In the overnight trading session, the yen traded lower against the greenback. Japan's final manufacturing PMI climbed to 51.6 in February.

Capital spending in Japan climbed 2.8% in the fourth quarter, after a 5.5% in the third quarter.

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