- European session:
Market news
European session:
Data:
06:00 Germany CPI, m/m (finally) March +0.7% +0.3% +0.4%
06:00 Germany CPI, y/y (finally) March +2.3% +2.1% +2.3%
08:30 United Kingdom Producer Price Index - Input (MoM) March +2.1% +1.3% +1.9%
08:30 United Kingdom Producer Price Index - Input (YoY) March +7.3% +4.8% +5.8%
08:30 United Kingdom Producer Price Index - Output (MoM) March +0.6% +0.5% +0.6%
08:30 United Kingdom Producer Price Index - Output (YoY) March +4.1% +3.5% +3.6%
The euro fell against the dollar amid speculation the European Central Bank will need to restart its government bond purchase program as the sovereign debt crisis intensifies.
Europe’s shared currency headed for a second weekly decline against the yen as data showed Spanish banks’ borrowing from the ECB jumped by almost 50 percent in March.
Average net borrowings by Spanish banks climbed to 227.6 billion euros last month from 152.4 billion euros in February, the Bank of Spain said. Lenders in the whole euro system took 361.7 billion euros, the data showed.
EUR/USD: the pair decreased in $1,3140 area.
GBP/USD: the pair showed low in $1,5910 area then slightly restored.
USD/JPY: the pair was limited Y80,80-Y81,20.
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