• Analytics
  • News and Tools
  • Market News
  • Foreign exchange market. European session: the British pound fell against the U.S. dollar after the weaker-than-expected manufacturing PMI from the U.K.
Market news
01.04.2015, 12:00

Foreign exchange market. European session: the British pound fell against the U.S. dollar after the weaker-than-expected manufacturing PMI from the U.K.

Economic calendar (GMT0):

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

00:30 Australia Building Permits, m/m February 5.9% Revised From 7.9% -3.7% -3.2%

00:30 Australia Building Permits, y/y February 9.1% 14.3%

01:00 China Non-Manufacturing PMI March 53.9 53.7

01:00 China Manufacturing PMI March 49.9 49.7 50.1

01:35 Japan Manufacturing PMI (Finally) March 50.4 50.4 50.3

01:45 China HSBC Manufacturing PMI (Finally) March 49.2 49.3 49.6

07:30 Switzerland Manufacturing PMI March 47.3 47.2 47.9

07:50 France Manufacturing PMI (Finally) March 48.2 48.2 48.8

07:55 Germany Manufacturing PMI (Finally) March 52.4 52.4 52.8

08:00 Eurozone Manufacturing PMI (Finally) March 51.9 51.9 52.2

08:30 United Kingdom Purchasing Manager Index Manufacturing March 54.0 Revised From 54.1 54.5 54.4

The U.S. dollar traded mixed to higher against the most major currencies ahead of the U.S. economic data. The U.S. economy is expected to add 231,000 jobs in March, according to the ADP employment report.

The ISM manufacturing purchasing managers' index is expected to decline to 52.5 in March from 52.9 in February.

The euro traded mixed against the U.S. dollar after the better-than-expected manufacturing PMIs from the Eurozone. Eurozone's final manufacturing purchasing managers' index (PMI) rose to 52.2 in March from a preliminary reading of 51.9. Analysts had expected the final index to remain unchanged at 51.9.

Germany's final manufacturing PMI increased to 52.8 in March from a preliminary reading of 52.4. Analysts had expected the final index to remain unchanged at 52.4.

France's final manufacturing PMI climbed to 48.8 in March from a preliminary reading of 48.2. Analysts had expected the final index to remain unchanged at 48.2.

Concerns over Greece's debt problems continue to weigh on the euro. The Greek government failed to reach an agreement with its creditors on Monday.

The British pound fell against the U.S. dollar after the weaker-than-expected manufacturing PMI from the U.K. The U.K. manufacturing PMI increased to 54.4 in March from 54.0 in February, missing expectations for a rise to 54.5. February's figure was revised down from 54.1.

The Swiss franc traded mixed against the U.S. dollar after the better-than-expected manufacturing PMI from Switzerland. The manufacturing purchasing managers' index in Switzerland was up to 47.9 in March from 47.3 in February, beating expectations for a decline to 47.2.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair decreased to $1.4738

USD/JPY: the currency pair rose to Y120.32

The most important news that are expected (GMT0):

12:15 U.S. ADP Employment Report March 212 231

13:00 U.S. FOMC Member Williams Speaks

14:00 U.S. Construction Spending, m/m February -1.1% -0.1%

14:00 U.S. ISM Manufacturing March 52.9 52.5

14:30 U.S. FOMC Member Dennis Lockhart Speaks

© 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