• Home
  • Analytics
  • Market News
  • Foreign exchange market. Asian session: the yen rose

Market news

19 February 2016

Foreign exchange market. Asian session: the yen rose

Economic calendar (GMT0):

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

04:30 Japan All Industry Activity Index, m/m December -1.0% -0.3% -0.9%

The euro climbed ahead of consumer confidence data due later today. Analysts expect the index to come in at -6.7 points in February compared to -6.3 in the previous month. The survey is based on answers from about 2,300 respondents from all euro zone states.

The yen rose against most major currencies amid greater safe-haven demand. Lower oil prices and a selloff in Japanese stocks persuaded investors to secure their funds and turn to the yen.

The Australian dollar fell after Reserve Bank of Australia Board member John Edwards said the national currency was "a bit too high". According to the Wall Street Journal, the policymaker also said he would be more comfortable with a level around 65 U.S. cents, though he's not sure the AUD would drop so much. The Australian economy depends on exports and a stronger national currency could undermine exporters' interests.

EUR/USD: the pair rose to $1.1130 in Asian trade

USD/JPY: the pair fell to Y112.70

GBP/USD: the pair traded within $1.4310-40

The most important news that are expected (GMT0):

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

07:00 Germany Producer Price Index (MoM) January -0.5% -0.3%

07:00 Germany Producer Price Index (YoY) January -2.3% -2%

09:30 United Kingdom PSNB, bln January -6.87 13.95

09:30 United Kingdom Retail Sales (MoM) January -1% 0.8%

09:30 United Kingdom Retail Sales (YoY) January 2.6% 3.6%

13:00 U.S. FOMC Member Mester Speaks

13:30 Canada Retail Sales, m/m December 1.7% -0.6%

13:30 Canada Retail Sales YoY December 3.2%

13:30 Canada Retail Sales ex Autos, m/m December 1.1% -0.5%

13:30 Canada Consumer Price Index m / m January -0.5% -0.1%

13:30 Canada Consumer price index, y/y January 1.6% 1.7%

13:30 Canada Bank of Canada Consumer Price Index Core, y/y January 1.9% 1.9%

13:30 U.S. CPI, m/m January -0.1% -0.1%

13:30 U.S. CPI, Y/Y January 0.7% 1.3%

13:30 U.S. CPI excluding food and energy, m/m January 0.2% 0.2%

13:30 U.S. CPI excluding food and energy, Y/Y January 2.1% 2.1%

15:00 Eurozone Consumer Confidence (Preliminary) February -6.3 -6.7

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer.

Open Forex Demo Account
I understand and accept the Privacy Policy and agree that my name and contact details can be used by TeleTrade to contact me about the information I have selected.
37 International Awards
Have a question?

We are ready to assist you in every step of your trading experience
by providing 24/5 multilingual customer support.

Follow us

Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.

© 2011-2019 TeleTrade-DJ International Consulting Ltd

TeleTrade-DJ International Consulting Ltd is registered as a Cyprus Investment Firm (CIF) under registration number HE272810 and is 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 content on this website is for information 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 exclusively with regulated financial institutions for the safekeeping of clients' funds. Please see the entire list of banks and payment service providers entrusted with the handling of clients' funds.

Please read our full Terms of Use.

To maximise our visitors' browsing experience, TeleTrade uses cookies in our web services. By continuing to browse this site you agree to our use of cookies. You may change your cookie consent or view our cookie declaration here.

TeleTrade-DJ International Consulting Ltd currently provides its services on a cross-border basis, within EEA states (except Belgium) under the MiFID passporting regime, and in selected 3rd countries. TeleTrade does not provide its services to residents or nationals of the USA.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.