• Analytics
  • News and Tools
  • Market News

Market News

ATTENTION: The content in the news and analytics feed is updated automatically, and reloading the page may slow down the process of new content appearing. We recommend that you keep your news feed open at all times to receive materials quickly.
Filter by currency
17.01.2011
14:59
EUR/USD rebounds

EUR/USD edges back above $1.3300, after rate met decent demand interest in the area toward $1.3280 from a Swiss private bank name. The $1.3300 level holds the strike of an expiring option, as the 1500GMT cut and seen attracting into the run off.

14:36
EUR/USD still below $1.3300

EUR/USD holding tight around $1.3300, with traders reminding that the level holds the strike of a maturing option at 1500GMT. Martin Luther King holiday in the US subdues market as we move through the European afternoon. Support seen at $1.3280/70 ahead of $1.3250/45. Resistance $1.3340 ahead of $1.3350. Rate currently trades around $1.3285.

14:11
EUR/GBP remains under pressure

EUR/GBP eases back toward earlier lows/suport at stg0.8350. A break below this level to open a deeper move toward stg0.8335/30.

13:55
NZD/USD edges up to $0.7748 with next level the Jan3 high of $0.7783, as Aussie-kiwi sinks again towards day's low of NZ$1.2840.
13:34
Canada: Foreign investment in Canadian securities (Nov) $8.01B
13:34
Canada: Canadian Investment in Foreign Securities (Nov) $-5.82B
13:22
EUR/USD back to figure

Traders add that stops seen placed on EUR/USD above the earlier reported offer level at $1.3350. Confirming the next resistance/offers seen at $1.3375/85. Rate currently trades around $1.3300.

12:46
EU session review: Euro weakens on debt crisis concern as finance ministers prepare to meet

The euro fell against the dollar, snapping a five-day gain, on concern the region’s debt crisis will worsen even as European finance ministers meet today to hammer out a new strategy to stem the contagion.
German Finance Minister Wolfgang Schaeuble said on radio station Deutschlandfunk that the nation opposes increasing the size of the euro area’s bailout fund.
“There’s plenty of reasons to be circumspect on the euro after the rally last week,” said Jeremy Stretch at Canadian Imperial Bank of Commerce. “If the markets perceive Germany isn’t so happy to back an increase in the bailout fund that leaves you with a less supportive backdrop.”
Bank of Japan Governor Masaaki Shirakawa said European financial markets remain unstable because of concern about the long-running crisis.
“Financial markets in Europe continue to be volatile because of concern about sovereign-debt risk,” Shirakawa said at a quarterly meeting of the BOJ’s branch managers today in Tokyo. At the same time, “global financial markets, on the whole, have maintained stability,” he said.
Australia’s dollar dropped to a six-week low versus New Zealand’s on concern record flooding will curtail economic growth.

EUR/USD fell to $1.3240 before rate recovered to $1.3340.

GBP/USD held within the $1.5830/70 range before recovered to $1.5955.

USD/JPY fell from Y83.00 to Y82.30 before back to Y82.53.


Volumes and flows light, with US markets closed for the MLK holiday.

12:33
AUD/USD retreats

AUD/USD backing off from $0.9969 highs after aussie tracks latest leg up in the euro. Some trendline resistance seen at $0.9970/75 with talk of offers $0.9985/95. Aussie trades $0.9953/55

12:15
GBP/USD holds higher

GBP/USD extends recovery to the top end of latest reported retail sell interest o $1.5935. Rate retains a bullish tone while corrective pullbacks remain shallow, one trader suggests, adding that next resistance seen at $1.5950.

11:58
AUD/USD building higher again to $0.9957 as pressure resumes on the euro-aussie cross.
11:48
GBP/USD refreshed highs

GBP/USD extends recovery to $1.5917, but reported offers to $1.5920 manage to counter and take rate back to $1.5900. One trader reports that retail sell interest now seen concentrated in the $1.5915/35 area. Above here and rate can extend to $1.5950/60. Support $1.5880.

11:34
USD/JPY heading towards the Y82.50 bids now as euro-dollar finds semi-official demand. Dollar trades just above day's low of Y82.56 at Y82.60/62.
11:30
GBP/USD probes $1.5900

GBP/USD triggered option barrier at $1.5900 on the move to $1.5904 with profit take sales, along with mentioned retail sell interest above $1.5900, countering the move and taking rate back to $1.5892. Next resistance seen at $1.5920.

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

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.

Feedback
Live Chat E-mail
Up
Choose your language / location