• Foreign exchange market. European session: the Swiss franc traded mixed against the U.S. dollar after Swiss retail sales

Market news

11 August 2014

Foreign exchange market. European session: the Swiss franc traded mixed against the U.S. dollar after Swiss retail sales

Economic calendar (GMT0):

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

05:00 Japan BoJ monthly economic report August

05:00 Japan Consumer Confidence July 41.1 42.3 41.5

06:00 Japan Prelim Machine Tool Orders, y/y July +34.1% +37.7%

07:15 Switzerland Retail Sales Y/Y June -0.6% +0.7% +3.4%

07:15 U.S. FED Vice Chairman Stanley Fischer Speaks

The U.S. dollar traded mixed against the most major currencies in the absence of any major economic reports in the U.S.

The euro traded lower against the U.S. dollar in the absence of any major economic reports in the Eurozone.

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

The Swiss franc traded mixed against the U.S. dollar after Swiss retail sales. Retail sales in Switzerland climbed 3.4% in June, exceeding expectations for a 0.7% increase, after a 0.5% fall in May. May's figure was revised up from a 0.6% decrease.

The Canadian dollar traded slightly higher against the U.S. dollar ahead of housing starts in Canada. The number of housing starts in Canada is expected to decline to 194,000 units in July, after 198,200 units in June.

EUR/USD: the currency pair declined to $1.3382

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:15 Canada Housing Starts July 198 194

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