Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

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



25.04.2016 12:25

Foreign exchange market. European session: the euro traded higher against the U.S. dollar despite the weaker-than-expected Ifo data from Germany

Economic calendar (GMT0):

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

05:00 Japan Leading Economic Index (Finally) February 101.2 Revised From 101.8 99.8 96.8

05:00 Japan Coincident Index (Finally) February 112.3 Revised From 102.3 110.3 110.7

08:00 Germany IFO - Business Climate April 106.7 107 106.6

08:00 Germany IFO - Current Assessment April 113.8 113.8 113.2

08:00 Germany IFO - Expectations April 100 100.8 100.4

10:00 United Kingdom CBI industrial order books balance April -14 -15 -11

The U.S. dollar traded lower against the most major currencies ahead of the release of the U.S. new home sales data. New home sales in the U.S. are expected to rise to 519,000 units in March from 512,000 units in February.

The euro traded higher against the U.S. dollar despite the weaker-than-expected Ifo data from Germany. German Ifo Institute released its business confidence figures for Germany on Tuesday. German business confidence index fell to 106.6 in April from 106.7 in March, missing expectations for an increase to 107.0.

"Although companies were somewhat less satisfied with their current situation, their business expectations brightened once again. The moderate upturn in the German economy continues," Ifo President Clemens Fuest said.

The Ifo current conditions index decreased to 113.2 from 113.8. Analysts had expected the index to remain unchanged at 113.8.

The Ifo expectations index climbed to 100.4 from 100.0, missing expectations for a rise to 100.8.

The British pound traded higher against the U.S. dollar. The Confederation of British Industry (CBI) released its industrial order books balance on Monday. The CBI industrial order books balance rose to -11 in April from -14 in March, beating expectations for a decline to -15.

"Manufacturing has yet to pick-up after a flat start to the year, with falling orders providing little impetus for production. While expectations for the upcoming quarter are encouraging, manufacturers are still facing sizeable external headwinds," the CBI director of economics Rain Newton-Smith said.

EUR/USD: the currency pair rose to $1.1267

GBP/USD: the currency pair increased to $1.4518

USD/JPY: the currency pair fell to Y110.83

The most important news that are expected (GMT0):

13:00 Belgium Business Climate April -4.2 -4

14:00 U.S. New Home Sales March 512 519

25.04.2016 12:20

Orders

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