Data:
09:30 United Kingdom Claimant count February 6.9 7.0 7.2
09:30 United Kingdom Claimant Count Rate February 5.0% 5.0% 5.0%
09:30 United Kingdom ILO Unemployment Rate January 8.4% 8.4% 8.4%
09:30 United Kingdom Average Earnings, 3m/y January +2.0% +1.9% +1.4%
09:30 United Kingdom Average earnings ex bonuses, 3 m/y January +2.0% +1.9% +1.7%
10:00 Switzerland Credit Suisse ZEW Survey (Expectations) March -21.2 0.0
10:00 Eurozone Harmonized CPI February -0.8% +0.5% +0.5%
10:00 Eurozone Harmonized CPI, Y/Y (finally) February +2.6% +2.7% +2.7%
10:00 Eurozone Harmonized CPI ex EFAT, Y/Y February +1.5% +1.6% +1.5%
10:00 Eurozone Industrial production, (MoM) January -1.1% +0.8% +0.2%
10:00 Eurozone Industrial Production (YoY) January -2.0% -0.7% -1.2%
The dollar strengthened after the Federal Reserve raised its outlook for U.S. growth, reducing expectations the central bank will begin a third round of bond purchases.
The yen fell for a second day versus the dollar as the extra yield received for holding two-year Treasuries over Japanese debt increased to the most since July.
The Federal Open Market Committee said yesterday it expects “moderate economic growth” and predicted the U.S. unemployment rate “will decline gradually.” In its previous statement in January, policy makers said growth would be “modest” and unemployment “will decline only gradually.” The central bank kept its benchmark interest rate target in a range of zero to 0.25 percent, where it’s been since December 2008.
EUR/USD: the pair was limited $1,3030-$ 1,3090.
GBP/USD: the range of of european session was about 100 points.
USD/JPY: the pair showed high above Y83,60.
© 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.
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.
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.