Market news
18.02.2011, 09:20

Asian session:

The dollar and the yen headed for weekly declines against most of their major counterparts before reports that economists said will show French business confidence rose and Italian industrial orders increased.

The U.S. dollar may extend losses on speculation Group of 20 policy makers will put pressure to China to allow faster gains in the yuan.
G-20 finance ministers and central bankers gather today and tomorrow in Paris. French Finance Minister Christine Lagarde has said her counterparts need to agree on several indicators to tackle global economic imbalances.
Losses in the yen and dollar on speculation tensions will escalate in the Middle East.

EUR/USD: the pair bargained in the field of the high reached yesterday.
GBP/USD: the pair become stronger in around $1,6200.
USD/JPY: the pair bargained within the limits of Y83,15-Y83,40.

UK data is due at 0930GMT, with the release of BOE February lending trends and UK retail sales for January. MNI's median forecast is for a 0.5% rise on the month and a 4.1% climb on the year. The ex-auto fuel measure will show a 0.4% rise on the month and a 4.2% increase on the year, according to economists surveyed. 
Canadian January CPI data is released.

© 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