Market news
04.07.2011, 07:56

Asian session: the euro fell after S&P' comments

Data:
01:30 Australia Retail Sales s.a. (MoM) (May) -0.6%

The euro erased gains versus the yen and the dollar after Standard & Poor’s Rating Services said the debt rollover plan for Greece may put the country in “selective default.”
The 17-nation currency had advanced 0.4 percent earlier against the dollar on speculation the European Central Bank will increase interest rates this week. 
Australia’s dollar weakened after reports showed retail sales and building approvals fell.

EUR/USD: the pair  shown high at $1.4580 area. Later the rate fallen in  $1.4510 area, then restored.
GBP/USD: the pair holds at $1.6060-$ 1.6090.
USD/JPY: the pair  decreased in Y80.70  area.

UK data at 0830GMT includes Bank of England Housing Equity Withdrawal data as well as PMI Construction.
Traders expect a low volume session, with US markets closed for the Independence Day holiday.

© 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