Market news
10.02.2014, 19:20

American focus : the euro rose slightly against the U.S. currency

The euro exchange rate rose slightly against the U.S. dollar, which is likely due to the expectations of tomorrow's speech by Fed Yellen . According to analysts , it will not deviate from the course indicated by Bernanke in December, and will be a key promise of continuity rather than innovation .

As for today's events , a small influence on the bidding had data from the research center Sentix, which showed that investor confidence in the eurozone unexpectedly improved in February, the index of investor sentiment rose by 1.4 points to 13.3 points. The result was higher than the projected decline to 10.3 points. The improvement was mainly due to the increase in assessment of the current situation in February. Current situation index rose to 1.8 from 0.8 in January and was positive for the first time since August 2011 . At the same time , investors' expectations have risen only slightly in February to 25.5 from 25.3 in January.

The Canadian dollar was down against the U.S. dollar, which has been partly due to the Report on Canada. As it became known , in Canada the number of Housing Starts fell by 3.7 % m / m to an average of 180,248 units in January . January was the result of lower than forecast analysts expecting 184,000 bookmarks.

CMHC report showed that urban bookmarks new foundations fell by 2.7 % last month to 163,158 units. Bookmark urban apartment fell by 6% to 102,289 units, while single urban Bookmarks rose by 3.4% to 60,869 units.

CMHC said that the city grew on the prairies Bookmark and Ontario , and fell in Atlantic Canada , Quebec and British Columbia.

Rural Share of new foundations were estimated at a seasonally adjusted annual rate of up to 90 170 units.

" These past two months is actually quite healthy , given the harsh winter in some parts of the country , and are roughly in line with the demand associated with population growth ," said CIBC.

The Swiss franc rose against the U.S. dollar on the background of the earlier report , which showed that the unemployment rate remained stable at a seasonally adjusted at 3.2 percent in January . Similarly, the unadjusted unemployment rate remained unchanged at 3.5 percent .

In late January , there were about 153,260 people as unemployed , which is 3,823 more than compared to the previous month . Unemployment rose by 5102 , compared with the corresponding period last year.

Unemployment among young people aged 15 to 24 years increased by 52 persons to 20 533 people . Nevertheless, the unemployment rate fell by 674 people compared to last year.

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