EURUSD After the turmoil last week when the Central Bank of Switzerland surprisingly removed the ceiling to the euro, the couple did drop from 1.1840 to 1.1540 in the coming days is likely to continue its downward motion before the ECB’s decisions for future action and whether to start quantitative easing, through the purchase of government bonds, as was said earlier this month the president of the European Bank Mario Draghi.
GBPUSD pair opened with a gap today’s session, as sentiment remains in favor of the dollar due to expectations of raising interest rates in the middle of this year by the Federal Reserve. Index of house prices in the UK have shown better results today and we might see a slight correction, then a new Short.
European indexes are supported by the events of last week, business expectations are rising and investor confidence increased. Expected incentives from the European Central Bank to support the positive movements, as this is likely to continue at least until Thursday when meeting Mario Draghi and company.
US indexes also posted an increase last week, thanks to deystiviyata by the SNB and the correction in oil prices. Today, however, he declined, as this will affect the energy stocks and it is possible to see declines in the coming hours.