TeleTrade - Analytics

    TeleTrade

    729.00 6.50/10
    57% of positive reviews
    Real

    News Analytics

     

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

    05:00 Japan BoJ monthly economic report

     

    The euro slipped against most peers as Greek leaders said the country can't take any more austerity and it's time for creditors to compromise. Greek Prime Minister Alexis Tsipras and Finance Minister Yanis Varoufakis said over the weekend that the country can't accept crushing austerity.

    The euro was weaker against 15 of its 16 major peers. Greece's Interior Minister Nikos Voutsis, who has no economic decision-making powers, said Sunday the country couldn't and wouldn't pay the IMF in June without a deal.

    The Bloomberg Dollar Spot Index was little changed near a one-month high.The dollar capped its biggest weekly advance since September 2011 as faster-than-estimated U.S. inflation reinforced comments from Federal Reserve Chair Janet Yellen that she expects to boost borrowing costs this year.

    The zloty slipped 0.5 percent against the euro, touching its weakest level in two months, and lost 0.7 percent to the dollar. Polish opposition candidate Andrzej Duda defeated Bronislaw Komorowski in a presidential runoff, setting up a showdown for a fall parliamentary election that may unseat one of Europe's most economically successful governments. Duda received 52 percent in Sunday's vote, according to an Ipsos exit poll. Komorowski, with 48 percent, conceded in a defeat that may shake up the government run by his Civic Platform allies.

     

    EUR / USD: during the Asian session the pair fell to $1.0970

    GBP / USD: during the Asian session, the pair was trading in the $1.5460-80

    USD / JPY: during the Asian session the pair rose to Y121.75


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree