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Thread: Forex news from InstaForex

  1. #31
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    Euro Falls Against Yen And Franc Amid German Import Price Index

    Amid the release of the German June import price index at 2 am ET Wednesday, the euro fell against the yen and the franc, but it changed little against the dollar and the pound. At present, the euro is worth 1.4530 against the dollar, 112.89 against the yen, 0.8844 against the pound and 1.1622 against the franc.


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  2. #32
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    Chinese Yuan Rises Against Dollar

    In Asian deals on Thursday, the Chinese yuan rose against the US dollar. At present, the yuan is worth 6.4425 per dollar and if the Chinese currency gains further, it will break a record high of 6.4395 hit early this week. At yesterday's close, the dollar-yuan pair was quoted at 6.4446.
    The People's Bank of China set today's central parity rate for the yuan at 6.4438 per dollar, compared to Wednesday's daily reference rate of 6.4426.
    The Chinese central bank sets the central parity rate every morning and allows the currency to fluctuate up to 0.5 percent from that level.


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  3. #33
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    Euro Mixed Amid German Retail Sales

    Following the release of the German June retail sales for June at 2 am ET Friday, the euro showed mixed trading against its major counterparts. While the euro fell further against the dollar and the yen, it changed little versus the pound and the franc.
    As of now, the euro is worth 1.4278 against the dollar, 110.74 against the yen, 1.1442 against the franc and 0.8754 against the pound.



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  4. #34
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    Italian Officials to Meet to Discuss Debt Crisis

    News
    * Officials from Italian economy ministry, Bank of Italy and market authorities are planning to meet to discuss the resolution of the crisis.
    * PM Berlusconi also due to address Italian parliament on Wednesday.
    * Italian CDS prices are up 24 bps today at 355 BPS

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  5. #35
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    Greece June Trade Deficit Falls


    The Greek trade deficit declined in June, figures from Hellenic Statistical Authority showed Wednesday.

    The trade balance, excluding oil products, totaled EUR 1.63 billion in June, smaller than the EUR 2.08 billion shortfall in the same period of 2010.

    The total value of imports, excluding oil, dropped 11.6 percent annually to EUR 2.97 billion. Meanwhile, exports rose 4.6 percent to EUR 1.34 billion.

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  6. #36
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    Euro Little Changed Amid German GfK Consumer Confidence Index

    At 2 am ET Thursday, German GfK consumer confidence for September was released. Amid the report, the euro changed little against other major currencies. As of now, the euro is worth 1.1469 against the franc, 111.04 against the yen, 0.8802 against the pound and 1.4410 against the dollar.

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  7. #37
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    Slovak Producer Price Inflation Slows For Fourth Month

    Slovak producer price inflation slowed for a fourth consecutive month in July, data released by the Statistical Office of the Republic of Slovakia showed Friday.

    The producer price index increased 3.3 percent year-on-year in July, slower than the 4.6 increase in June. Prices of goods meant for the domestic market rose 2.1 percent annually, slower than a 2.5 percent jump in the previous month.

    Producer prices in the mining and quarrying industry moved up by 2.8 percent, while manufacturing prices advanced 4.4 percent. There was a 1 percent annual decrease in prices of electricity, gas, steam and air conditioning supply in July.

    On a monthly basis, producer prices dropped 0.5 percent during the month, compared to 0.2 percent fall recorded in June. In the January-July period, total producer prices climbed 5 percent from the corresponding period last year.

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  8. #38
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    Euro At More Than 5-week High Versus Franc

    The euro spiked up to more than a 5-week high of 1.1764 against the Swiss franc at 2:05 am ET Monday. The euro-franc pair is presently trading at 1.1760, compared to 1.1702 hit late New York Friday. If the euro rises further, it may target 1.21 level.

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  9. #39
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    Euro Pares Gains Against Majors


    The euro pared its recent gains against its major counterparts ahead of the European session on Tuesday. The euro is now trading at 1.1865 against the franc, 111.38 against the yen, 1.4502 against the greenback and 0.8842 against the pound.

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    Euro Little Changed After Germany's August Unemployment Report

    Following the release of German unemployment data for August at 3:55 am ET, the euro was little changed against its major counterparts. As of 3:56 am ET, the euro was trading at 110.60 against the yen, 1.1725 versus the Swiss franc, 1.4440 against the dollar and 0.8858 against the pound.


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