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Sentiment in the market today

EUR / USD: sentiment is for a weaker dollar. Caused by weak data on consumer sentiment last week, retail sales were well below expectations. Today we await the results of the Eurogroup meeting, as they will determine the sentiment of the couple in sleddvashtite weeks.

GBP / USD: pound rose last week after from BoE said it would raise interest rates if necessary to stimulate inflation to levels of about 2%. Dollar lost ground late last week after weak data on retail sales.

Indexes probably will open with an increase today in anticipation of a favorable outcome of the Eurogroup meeting on Greek debt and waiting for a ceasefire in eastern Ukraine.


 Varchev Traders


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