Market news
06.06.2011, 08:08

Asian session: The single currency gained

Data:
01:30 Australia ANZ Job Advertisements (May) -6.5%
The euro touched a month high versus the dollar on prospects officials from the European Union will reiterate their intention to prepare a new aid package for Greece, easing concern over the region’s debt crisis.
The single currency gained versus most of its 16 major counterparts before a report that may show producer-price inflation in the trading bloc held near a 2 year high in April, backing the case for the European Central Bank to increase borrowing costs. 
The Dollar Index fell to a one-month low on speculation Fed policy makers will this week signal their willingness to maintain monetary stimulus following weaker-than-expected U.S. unemployment data.

EUR/USD: the pair bargained within the limits of $1.4620-$ 1.4660.
GBP/USD: the pair bargained within the limits of $1.6410-$ 1.6460.
USD/JPY: the pair bargained within the limits of Y80.15-Y80.40.
European data includes the 0900GMT release of EMU industrial PPI for April. 
The Canadian Ivey Purchasing Managers Index is also due at 1400GMT. 
At 1715GMT, US Treasury Secretary Tim Geithner delivers a speech to the International Monetary Conference in Atlanta. 

© 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