Individuelles FX-Risikomanagement, das Ihr Unternehmen vor Wechselkursschwankungen schützt: Zum FX Leitfaden.
-
CH - DE
- Australia - English
- België - Nederlands
- Belgique - Français
- Canada - English
- Česká Republika - Čeština
- Deutschland - Deutsch
- España - Español
- France - Français
- Ελλάδα - Ελληνικά
- Hong Kong - Traditional Chinese
- Hong Kong - English
- Italia - Italiano
- Luxembourg - English
- Nederland - Nederlands
- Polska - Polski
- Portugal - Português
- România - Română
- Schweiz - Deutsch
- Suisse - Français
- United Arab Emirates - English
- United Kingdom - English
Contact our experts
Ebury London
100 Victoria Street
London
SW1E 5JL
+44 (0) 20 3872 6670
[email protected]
Ebury.com
Overextended Euro pulls back as Chair Yellen toes party line
- zurück
- Latest
13 July 2017
The Euro fell back against almost all G10 currencies, in spite of supportive industrial production data from the Eurozone and more cautious optimism from Chair Yellen in her testimony to the US Congress.
The outstanding performer however was the Canadian Dollar, up sharply after the Bank of Canada hiked rates and sounded a very optimistic note on the Canadian economy, apparently unfazed by low inflation and a bubbly real estate market.
Today is a light data day in the major currency areas, so expect desultory trading unless we get further tape bombs from across the Atlantic in the Trump-Russia collusion investigation.
Sterling higher on strong labor report
Lower than expected unemployment and upward surprises in weekly earnings and job creation provided some badly needed support for Sterling, which had been suffering after a string of weak economic reports from the UK. The move against the US Dollar was modest, however, as real wages are still shrinking. The Pound fared better against the Euro, which suffered from technical factors.
Chair Yellen reiterates cautious optimism, uncertain outlook for inflation
Chair Yellen message changed little from recent communications in her testimony to the US congress. Optimism on the labor market was tempered by “uncertainty about when — and how much — inflation will respond to tightening resource utilisation.” She also reiterated her preference for a “gradual” approach to rate hikes. Expectations for future hikes fell slightly, and the Dollar fell against major currencies with the conspicuous exception of the Euro.
Today is a light data day in the US, although weekly jobless claims will provide a timely read on the state of the US job market.
Privacy Overview
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-advertisement | 1 year | Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . |
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. |
_ga_VKKLQGLB51 | 2 years | This cookie is installed by Google Analytics. |
_gat_gtag_UA_51187572_40 | 1 minute | This cookie is set by Google and is used to distinguish users. |
_gid | 1 day | Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. |
pardot | past | The pardot cookie is set while the visitor is logged in as a Pardot user. The cookie indicates an active session and is not used for tracking. |
Cookie | Duration | Description |
---|---|---|
_lfa | 2 years | This cookie is set by the provider Leadfeeder. This cookie is used for identifying the IP address of devices visiting the website. The cookie collects information such as IP addresses, time spent on website and page requests for the visits.This collected information is used for retargeting of multiple users routing from the same IP address. |