European session:

Data:

09:00 EMU Trade Balance s.a. -0.6

The euro fluctuated against the dollar before European bank stress-test results amid concern the U.S.’s AAA credit rating is at risk.

The yen headed for a weekly advance versus the euro and the dollar as Italian lawmakers prepared to vote on an austerity package. Standard & Poor’s said there’s a 50 percent chance the U.S. will lose its top credit rating even if Congress reaches agreement on raising the debt ceiling to stave off a default.

S&P may lower the U.S.’s long-term rating by one or more notches into the AA category if it concludes Congress and President Barack Obama’s administration haven’t achieved a credible solution to the rising government debt burden and aren’t likely to achieve one in the near future, the company said in a statement yesterday. Moody’s put the U.S. Aaa credit rating on review for a downgrade on July 13, citing concern officials won’t raise the nation’s $14.3 trillion debt limit in time to prevent a missed payment.

The consumer-price index decreased 0.1 percent after a 0.2 percent gain in May, according to economists. The so-called core measure, which excludes more volatile food and energy costs, increased 0.2 percent, the survey showed.

The euro headed for a weekly decline against the dollar before the European Banking Authority releases the results of the stress tests for regional banks as part of an effort to reassure investors that lenders have sufficient capital. The assessments are the first by the EBA since it was set up earlier this year. The results will be published from 5 p.m. U.K. time.

EUR/USD: the pair shown low in $1.4090 area then restored in $1.4150 area.

GBP/USD: the pair shown low in $1.6080 area then restored in $1.6130 area.

USD/JPY: the pair holds at Y78.90-Y79.30.

In US investors will digest US CPI for June at 12:30 GMT. The same time NY Fed Empire State manufacturing index comes.
At 13:15 GMT US Industrial production will be released.
At 13:55 preliminary Michigan sentiment index is due to come.

Latest news

26.04.2024

Silver Price Forecast: XAG/USD remains sideways near $27.60 as investors reassess Fed rate cut bets

26.04.2024

AUD/USD continues rising after US core PCE beats estimates with fifth up-day in a row

26.04.2024

Natural Gas faces upside pressure as European traders prepare for next heating season

26.04.2024

USD/CAD Price Analysis: Consolidates around 1.3650 ahead of Fed’s preferred inflation gauge

26.04.2024

Gold price moves higher with eyes on US core PCE inflation

26.04.2024

US Dollar looks wobbly ahead of PCE release

26.04.2024

Mexican Peso declines in key pairs on inflation outlook

26.04.2024

Silver price today: Silver rises, according to FXStreet data

Support

Personal area

Trading
- Account types
- Market
- MetaTrader 4/5
Promotions
- Promotions
Investments
- Synchronous Trading
  - Rating
  - About Service
  - How it Works
  - FAQ
Analytics
- News and Tools
- Market analysis
  - Market Opinions
  - Technical Analysis
TeleTrade
- About brand
- Сooperation

Personal area

Forex Demo Account

Start Bonus 100%

Synchronous Trading

Our Advantages

Economic Calendar

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