EURUSD sentiment supported the euro, due to partial understanding between European creditors and the Greek government on the country’s debt. Better data from Europe in recent days also in favor of the single currency, and today investors will focus on applications for aid from the US and the level of unemployment in Germany.
GBPUSD possible continuation of the upward movement due to speculation of an imminent rise in interest rates in the UK. In the US,, Yellen said it will not rush this step at least in the next few sessions. Today we expect the revised GDP in the UK and in the US – inflation and applications for unemployment benefits.
Sentiment indices remained positive due to launch a program of quantitative easing in the Eurozone as well as the increase in oil prices yesterday. Today markets await data on unemployment and consumer confidence in Germany, M3 money supply, industrial, economic and consumer confidence in Europe, GDP in Spain and applications for aid and US inflation. Possible sudden movements during the rich releases session.