Market news
24.12.2014, 07:30

Foreign exchange market. Asian session: U.S. dollar weaker to mixed

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

08:00 Switzerland KOF Leading Indicator December 98.7 99.2

09:00 Germany Bank Holiday


The greenback traded weaker to mixed against its major peers in Asian trade. Yesterday a set of key economic data was published and supported the currency. Revised data showed that the U.S. economy grew at annualized 5.0% in the third quarter, the most in 11 years. After yesterday's gains the greenback stabilized against the euro and the British pound. Today investors await data on the U.S. Initial Jobless Claims being published at 13:30 GMT to get further indications on when the FED will hike interest rates next year.

The Australian dollar recouped some of its losses. The Conference Board Australia Leading Index for October improved from a previous reading of -0.3% to -0.2% this month.

New Zealand's dollar gained in Asian session for the first time in 3 days recouping some of its recent losses.

The Japanese yen traded higher against the U.S dollar for the first time in 6 days on speculations that recent declines were exaggerated. Today at 23:50 GMT the Monetary Policy Meeting Minutes will be published.


EUR/USD: the euro added small gains against the greenback

USD/JPY: the U.S. dollar traded weaker against the yen

GPB/USD: The British pound lost against the U.S. dollar

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

13:30 U.S. Initial Jobless Claims December 289 291

15:30 U.S. Crude Oil Inventories December -0.8

23:50 Japan Monetary Policy Meeting Minutes

© 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