- European session: the dollar gained
Market news
European session: the dollar gained
Data:
07:00 Germany Retail sales, real adjusted January -1.4% +0.5% -1.6%
07:00 Germany Retail sales, real unadjusted, y/y January -0.9% +0.2% +1.6%
10:00 Eurozone Producer Price Index, MoM January -0.2% +0.6% +0.7%
10:00 Eurozone Producer Price Index (YoY) January +4.3% +3.6% +3.7%
The dollar rose before U.S. reports next week forecast to show growth in the world’s biggest economy is gathering pace.
The yen dropped against most of its major counterparts as Japan’s consumer prices decreased, fanning speculation the central bank will expand monetary easing.
The euro declined for a third day against the dollar as a German report showed retail sales unexpectedly fell.
EUR/USD: the pair decreased in $1.3200 area.
GBP/USD: the pair fall in $1,5850 area.
USD/JPY: the pair grown, showed high in Y81.70 area.
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