Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


18.03.2015 16:32

Foreign exchange market. American session: the U.S. dollar traded lower against the most major currencies ahead of the Fed's monetary policy decision

The U.S. dollar traded lower against the most major currencies ahead of the Fed's monetary policy decision. Investors speculate that the Fed might remove "patient" from its outlook for monetary policy.

The euro traded higher against the U.S. dollar. Eurozone's unadjusted trade surplus fell to €7.9 billion in December from €23.9 billion in November. November's figure was revised down from a surplus of €24.3 billion.

Eurostat said that seasonally adjusted numbers were not available due to technical problems.

The British pound traded higher against the U.S. dollar. The U.K. unemployment rate remained unchanged at 5.7% in the November to January quarter. Analysts had expected the unemployment rate to decline to 5.6%.

The claimant count decreased by 31,000 people in February, in line with expectations, after a decrease of 39,400 people in January. January's figure was revised from a decline of 38,600.

Average weekly earnings, excluding bonuses, climbed by 1.6%.

Average weekly earnings, including bonuses, rose by 1.8%.

The Bank of England (BoE) released its last meeting minutes. All members voted to keep the central bank's monetary policy unchanged.

The U.K. Chancellor George Osborne announced the annual budget on Wednesday. He raised the economic growth forecasts for 2015 and next year. The growth forecast for 2015 was upgraded to 2.5% from the previous estimate 2.4%.

The economy in the U.K. is expected to expand 2.3% in 2016, up from 2.2%.

The Canadian dollar traded higher against the U.S. dollar. Wholesale sales dropped 3.1% in January, missing expectations for a 2.1% gain, after a 2.8% rise in December. December's figure was revised up from a 2.5% increase.

Sales declined in four of seven subsectors, driven by a in the sale of motor vehicles and parts.

The Swiss franc traded higher against the U.S. dollar. A survey by the ZEW Institute and Credit Suisse Group showed today that Switzerland's economic sentiment index rose to -37.9 points in March from -73.0 points in February.

The New Zealand dollar increased against the U.S. dollar. In the overnight trading session, the kiwi traded lower against the greenback after the weaker-than-expected current account data from New Zealand. New Zealand's current account deficit narrowed to NZ$3.19 billion in the fourth quarter from a deficit of NZ$5.02 billion in the third quarter. The third quarter's figure was revised down from a deficit of NZ$5.01 billion. Analysts had expected the current account deficit of NZ$3.12 billion.

The Australian dollar rose against the U.S. dollar. In the overnight trading session, the Aussie traded lower against the greenback in the absence of any major economic reports from Australia.

The Japanese yen climbed against the U.S. dollar. In the overnight trading session, the yen traded mixed against the greenback after the Bank of Japan's (BoJ) monthly economic report. The BoJ reiterated that Japan's economy continues to recover moderately.

Japanese exports grew in February, driven by a weaker yen and strength in the U.S. economy, though the pace of gains was smaller than in previous months. It was the sixth consecutive increase. Exports increased 2.4% in February from the previous year, while imports declined 3.6%.

Japan's adjusted trade deficit widened to ¥638.8 billion in February from a deficit of ¥412.3 billion in January. Analysts had expected a deficit of ¥1,210.00 billion.

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