• Foreign exchange market. European session: the U.S. dollar traded mixed against the most major currencies in quiet trade

Market news

11 July 2014

Foreign exchange market. European session: the U.S. dollar traded mixed against the most major currencies in quiet trade

Economic calendar (GMT0):

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

01:30 Australia Home Loans May 0.0% -0.4% 0.0%

06:00 Germany CPI, m/m (Finally) June +0.3% +0.3% +0.3%

06:00 Germany CPI, y/y (Finally) June +0.9% +1.0% +1.0%

The U.S. dollar traded mixed against the most major currencies in quiet trade. No major economic reports will be released in the U.S. on Friday.

The euro traded mixed against the U.S. dollar. Concerns over the banking sectors in Southern European countries weighed on the euro.

The German consumer price index increased 0.3% in June, in line with expectations, after a 0.3% gain in May. On a yearly basis, the consumer price index in Germany rose 1.0% in June, in line with expectations, after a 0.9% increase in May.

The British pound traded mixed against the U.S. dollar in the absence of any major economic reports in the UK.

The Canadian dollar traded mixed against the U.S. dollar ahead of the Canadian labour market report. The Canadian unemployment rate should remain unchanged at 0.7% in June.

The number of employed people in Canada should increase by 26,200 in June.

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 Canada Employment June +25.8 +26.2

12:30 Canada Unemployment rate June 7.0% 7.0%

18:00 U.S. Federal budget June -130.0 79.0

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.