Search

Client support: Phone: (+357) 22314160

FX & CFD trading involves significant risk

News

Show news:


27.05.2016 12:16

Foreign exchange market. European session: the U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. economic data

The U.S. dollar traded mixed to higher against the most major currencies ahead of the release of the U.S. economic data. The revised personal consumer expenditures (PCE) price index excluding food and energy is expected to increase 2.1% in the first quarter.

The revised U.S. GDP is expected to rise 0.9% in the first quarter, after a 1.4% growth in the fourth quarter.

The Fed Chairwoman Janet Yellen will speak at 17:15 GMT. Market participants hope for hints for further interest rate hikes.

The euro traded lower against the U.S. dollar in the absence of any major economic data from the Eurozone.

The British pound traded lower against the U.S. dollar in the absence of any major economic data from the U.K.

fk released its consumer confidence index for the U.K. on late Thursday evening. GfK's U.K. consumer confidence index rose to -1 in May from -3 in April. 4 of 5 measures rose in May.

"Despite the tiny uptick this month, our confidence in economic matters, whether we look back or ahead 12 months, remains way below last year," Joe Staton, Head of Market Dynamics at GfK, said.

"Is it because the Brexit gremlins are hard at work? Almost certainly yes," he added.

EUR/USD: the currency pair declined to $1.1162

GBP/USD: the currency pair fell to $1.4619

USD/JPY: the currency pair was down to Y109.55

The most important news that are expected (GMT0):

12:30 U.S. PCE price index, q/q (Revised) Quarter I 0.3% 0.3%

12:30 U.S. PCE price index ex food, energy, q/q (Revised) Quarter I 2.1% 2.1%

12:30 U.S. GDP, q/q (Revised) Quarter I 1.4% 0.9%

14:00 U.S. Reuters/Michigan Consumer Sentiment Index (Finally) May 89 95.4

17:15 U.S. Fed Chairman Janet Yellen Speaks

Market Focus

  • The Bank of Japan decided by a 7-2 majority vote to hold the interest rate at -0.10%
  • Earnings Season in U.S.: Major Reports of the Week
  • U.S. commercial crude oil inventories decreased by 4.7 million barrels from the previous week
  • Australian unemployment rate stable at 5.6% in June
July 2017
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
Mon
Tue
Wed
Thu
Fri
Sat
Sun
1
2
24
25
26
27
28
29
30
31

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