Market news
10.02.2011, 09:11

Asian session: The dollar rose

Data:
0:30 Australia Employment Change 24.0K
0:30 Australia Unemployment Rate 5.0%

The dollar rose toward a two-week high against the yen before U.S. reports forecast to show jobless claims fell and consumer confidence improved, boosting demand for assets in the world’s largest economy.
Australia’s dollar fell for a second day after a government report showed full-time employment dropped in January, spurring concern the economy is growing too slowly to prompt the central bank to raise interest rates.
The so-called Aussie weakened as swap traders reduced expectations for how much borrowing costs will rise over the next year.

EUR/USD: the pair decreased below a mark $1.3700.
GBP/USD: the pair bargained in the field of $1.6100. Decreased later.
USD/JPY: the pair become stronger in around Y82.70.
UK data at 0930GMT sees industrial production and manufacturing output data, where IP is expected to rise 0.6% m/m, 3.9% y/y and manufacturing output rise 0.5% m/m, 5.5% y/y. However, the main event is due at 1200GMT, the Bank of England makes it's policy statement. The survey of 31 economists also predicted the bank rate to end the year at 1.0%. 
US data starts at 1330GMT, when initial jobless claims are expected to fall 5,000 to 410,000 in the February 5 week after sharp movements in January. US data continues at 1500GMT with Wholesale Inventories as well as the weekly EIA Natural Gas Stocks at 1530GMT. Late US data at 1900GMT is expected to see the US Treasury post a $60.0 billion budget gap in the January tax month, compared with the $42.6 billion gap in January 2010. Data concludes at 2030GMT with the weekly US M2 Money Supply data.

Latest news
12.12.2024
AUD/USD rebound halts at 0.6425 and keeps the bearish trend intact
12.12.2024
Europe: Forged in crises – Standard Chartered
12.12.2024
Mexican Peso nears the key 20.00 level against US Dollar ahead of claims, PPI
12.12.2024
Below 0.9250/0.9210, correction can deepen further – Societe Generale
12.12.2024
Gold eases slightly below fresh monthly highs at $2,720
12.12.2024
Silver Price Forecast: XAG/USD posts fresh monthly high around $32.30 on firm dovish Fed bets
12.12.2024
BRL: The central bank strikes back – ING
12.12.2024
USD/CNH: 2-day CEWC meeting wraps up today – OCBC
Support
Personal area
Choose your language / location
English
Español
Русский
Tiếng Việt
Српски
Українська
Enter your request
Start Bonus Open Demo Account
Forex Demo Account
Start Bonus 100%
Synchronous Trading
Our Advantages
Economic Calendar

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location