Wednesday, 12 February 2014

The Dollar Index Suspended After Its Five-Day Decline

Asian and European trading sessions:
 
Euro: 
  
The study of confidence of European investors Sentix revealed on its Monday monthly survey research that investor confidence in the euro zone unexpectedly improved in February. The investor sentiment index rose by 1.4 points to 13.3 points. The result was higher than the projected decline to 10.3 points. The improvement was mainly due to the increase in assessment of the current situation in February. Current situation index rose to 1.8 from 0.8 in January and was positive for the first time since August 2011. At the same time, investors' expectations have risen only slightly in February to 25.5 from 25.3 in January.
The euro kept data on industrial production in France. Industrial production in France increased at a slower pace in December, with growth rates gave way to the forecasts of economists showed on Monday, the latest data statistical office Insee. Industrial production grew by 0.5 % in December compared with the same month last year. Economists had expected a more rapid increase of 1 %. In November, production recorded a growth of 1.7 %.

Industrial production fell by 0.3 % compared to November, when it was recorded an increase of 1.2 %. Expectations were reducing by 0.1 %. During the three months ended in December, production increased by 0.3 % compared with the previous three-month period. Industrial production grew by 0.5 % in quarterly terms.

In Insee also noted that production in the French manufacturing sector expanded by 0.9 % year on year in December. On a monthly measurement of industrial production remained unchanged after rising 0.2 % in November. The EUR / USD pair rose to $ 1.3650 during the European session.

U.S. Dollar:

The dollar index suspended its five-day decline, even after January in the U.S. was created only 113 thousand jobs, and the unemployment rate fell to 6.6 % compared to 6.7% in December, said Friday the Ministry of Labour. The economists had expected an increase of the number of non-agricultural jobs in the 185 thousand unemployment fell to its lowest level since October 2008.

American trading session:

Swiss franc:

The Swiss franc rose against the U.S. dollar on the background of the earlier report, which showed that the unemployment rate remained stable at a seasonally adjusted at 3.2  % in January. Similarly, the unadjusted unemployment rate remained unchanged at 3.5  %.
In late January, there were about 153,260 people as unemployed, which are 3,823 more than compared to the previous month. Unemployment rose by 5102, compared with the corresponding period last year.
Unemployment among young people aged 15 to 24 years increased by 52 persons to 20 533 people. Nevertheless, the unemployment rate fell by 674 people compared to last year.

Canadian dollar:
The Canadian dollar was down against the U.S. dollar, which has been partly due to the Report on Canada. As it became known, in Canada the number of Housing Starts fell by 3.7 % m / m to an average of 180,248 units in January. January was the result of lower than forecast analysts expecting 184,000 bookmarks.
Gold: 
 Gold prices rose significantly today, as weak employment data in the U.S., which were presented at the end of last week, raised the question about the economic recovery, and a slowdown in stimulus from the Federal Reserve. The cost of the April gold futures on the COMEX today rose to $ 1274.30 per ounce for ounce.
Oil:
 Prices for Brent crude fell slightly, but will continue to be near five-week high above $ 109 a barrel as investors await comments regarding future policy the U.S. Federal Reserve. March futures price for U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 100.27 per barrel on the New York Mercantile Exchange (NYMEX).
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