The euro fell against the dollar amid comments from the German Parliament, who said that the Bundestag not want Greece to provide new facilities or extend the time for the fulfillment of its obligations.
Also, the pressure on the euro also had a statement of the ECB that the completion of the plan for the purchase of bonds to wait for a vote on the issue of the European Stabilization Mechanism (ESM). Against this background of increased yield of Spanish government bonds.
But the euro rose sharply after market participants have submitted a letter Fed Chairman Bernanke, in which he hinted at the possibility of further stimulus. Also today, German Chancellor Angela Merkel said she wants that Greece remains in the monetary union, and that Germany is ready to help the Greek government.
Significant impact on the growth in the value of the single currency brought news that the ECB is considering the possibility of establishing a target range for the yield, but the final decision will be known after the meeting on monetary policy, which will be held on September 6
The Australian dollar fell after the head of the Reserve Bank of Australia Glenn Stevens said that the currency is likely to depreciate if the mining boom is over. He also said that the investment resources of the country will reach its peak "in the next year or two."
The pound fell against the dollar after the release of statistics. GDP data were generally as expected: the indicator was revised to -0.5% q / q (at the level of the average forecast) against preliminary level of -0.7%. In the first quarter a decline of 0.3% q / q. Sales of pounds for the most part these were due to changes in the volume of commercial investments, which were much worse than expected.
- Difficult greek econ. environment set to continue
- Deepening greek recession complicates budget strategy
- Greek ratings show downgrade potential if fiscal shortfall
- Greek fiscal shortfalls are likely
Data:
08:30 United Kingdom GDP, q/q (revised) Quarter II -0.3% -0.5% -0.5%
08:30 United Kingdom GDP, y/y (revised) Quarter II -0.2% -0.6% -0.5%
08:30 United Kingdom Business Investment, q/q Quarter II +1.9% +2.8% -1.5%
08:30 United Kingdom Business Investment, y/y Quarter II +14.8% +3.6% +1.7%
The euro fell for the first time in five days against the dollar as Greek Prime Minister Antonis Samaras began meetings with his German and French counterparts to ask for more time to meet economic targets.
The common currency pared the biggest weekly gain versus the greenback since February after a German lawmaker said Europe’s largest economy can’t make more money available for Greece. Samaras is meeting German Chancellor Angela Merkel today and French President Francois Hollande tomorrow.
Merkel said Germany and France will keep pressure on Greece to overhaul its economy when she meets Samaras, who is seeking more time to fix his debt-ravaged country.
The pound dropped for a second day against the dollar after a government report showed the U.K. economy contracted in the second quarter.
Gross domestic product shrank 0.5%, compared with a 0.7% decline estimated on July 25, the Office for National Statistics said in London.
EUR/USD: during the European session, the pair declined, reached $1.2500 area.
GBP/USD: the pair showed low in $1.5820 area, later rate slightly retreated higher.
USD/JPY: the pair remained within yesterday's range.
Greece working to reduce budget deficit, restore trust;
held especially constructive talks with Merkel;
Greece will meet its obligations;
new Greek coalition will show results very soon.
Greece working to reduce budget deficit, restore trust;
held especially constructive talks with Merkel;
Greece will meet its obligations;
Euro is more than a currency;
Convinced Greek govt committed to solving problems;
Expect Greece to implement its commitments;
Euro is more than a currency;
Convinced Greek govt committed to solving problems;
Expect Greece to implement its commitments;
EUR/USD
Offers $1.2650, $1.2600, $1.2590, $1.2550/55
Bids $1.2500, $1.2470/50, $1.2430, $1.2415/00
AUD/USD
Offers $1.0500, $1.0470/80, $1.0450, $1.0430/35, $1.0420
Bids $1.0350, $1.0320, $1.0300, $1.0250
USD/JPY
Offers Y79.20, Y79.00, Y78.80
Bids Y78.30/25, Y78.10/00, Y77.90, Y77.65
EUR/JPY
Offers Y99.50, Y99.20, Y99.00, Y98.55/60
Bids Y98.20, Y98.00, Y97.75/70, Y97.50
EUR/USD $1.2450, $1.2500, $1.2510, $1.2550
USD/JPY Y78.50, Y79.55, Y79.75
GBP/USD $1.5850, $1.5700
USD/CHF Chf0.9700
AUD/USD $1.0450, $1.0500, $1.0300, $1.0290
AUD/JPY Y82.00
The euro fell against the dollar as Greek Prime Minister Antonis Samaras prepared to meet with his German and French counterparts to ask for more time to meet economic targets.
The common currency pared the biggest weekly gain versus the greenback since February after a German lawmaker said Europe’s largest economy can’t make more money available for Greece. Samaras will meet German Chancellor Angela Merkel today and French President Francois Hollande tomorrow. The Australian dollar weakened after Reserve Bank Governor Glenn Stevens said the currency would probably fall if a mining boom ends.
EUR/USD: during the Asian session, the pair consolidated in $1.2550 - $1.2570 area. Later the pair fell.
GBP/USD: during the Asian session, the pair consolidated in $1.5850 - $1.5870 area. Later the pair fell.
resolving Europe's problems to take long time;
adverse effects of high yen bigger than benefits;
aware of adverse effects of high yen on Japan;
BOJ cannot buy foreign bonds for weakening yen;
resolving Europe's problems to take long time;
adverse effects of high yen bigger than benefits;
aware of adverse effects of high yen on Japan;
BOJ cannot buy foreign bonds for weakening yen;
(pare/closed(00:00 GMT +02:00)/change, %)
EUR/USD $1,2563 +0,26%
GBP/USD $1,5857 -0,15%
USD/CHF Chf0,9556 -0,31%
USD/JPY Y78,54 -0,01%
EUR/JPY Y98,66 +0,24%
GBP/JPY Y124,53 -0,16%
AUD/USD $1,0438 -0,67%
NZD/USD $0,8125 -0,16%
USD/CAD C$0,9937 +0,49%
07:45 Japan BOJ Governor Shirakawa Speaks -
08:30 United Kingdom GDP, q/q (revised) Quarter II -0.3% -0.5%
08:30 United Kingdom GDP, y/y (revised) Quarter II -0.2% -0.6%
08:30 United Kingdom Business Investment, q/q Quarter II +1.9% +2.8%
08:30 United Kingdom Business Investment, y/y Quarter II +14.8% +3.6%
12:30 U.S. Durable Goods Orders July +1.6% +2.8%
12:30 U.S. Durable Goods Orders ex Transportation July -1.1% +0.5%
12:30 U.S. Durable goods orders ex defense July -1.4% -0.4%
13:00 Belgium Business Climate August -11.3 -10.8
© 2000-2026. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.