The euro exchange rate has continued to rise against the dollar, after long hesitation near session highs. Note that helps to strengthen the currency risk and the desire for decent reports on Germany, which were presented during the European session .

Recall that the results of a survey of the Ifo Institute showed that the business climate index rose to 109.3 in November from 107.4 in October (Economists had forecast an increase to 107.9 ) , the current conditions index reached 112.2 in the month , compared from 111.3 in October (expected score was 111.5 ), while the expectations index rose to 106.3 from 103.7 in the previous month ( according to forecasts , the index would rise to 104).

Also today came the final data on GDP in Germany , which were in line with estimates. With adjustment for seasonality and calendar days of the gross domestic product grew by 0.3 percent in the third quarter compared with the previous quarter , matching the preliminary estimate published earlier this month. It was much weaker than the 0.7 percent growth recorded in the second quarter. Seasonally adjusted GDP grew by 0.6 percent year on year , after rising 0.5 percent in the second quarter. With the price adjusted GDP grew by 1.1 per cent per annum. The statistical office said that the positive contributions came mainly from domestic demand, in particular investment in fixed assets. At the same time, the export and import of balance pressure exerted on growth.

The Swiss franc has risen sharply against the U.S. dollar, which was caused by the comments of the SNB board member Fritz Zurbrugga . He said that the SNB will maintain the ceiling of the franc , as the global economic recovery remains weak. "In the foreseeable future, the minimum rate will remain an essential tool . Monetary policy we have pursued to this day , continues to operate without any restrictions. Frank is still 10 percent above its long-term average level , trade- weighted and adjusted for inflation, " - he said.

Zurbrugga reiterated that the central bank is ready to provide a minimum rate by buying foreign currency in unlimited quantities, if this will be necessary , and to take additional steps as needed . "

The Canadian dollar strengthened against the U.S. dollar, after it was reported that retail sales in Canada rose more than expected , while consumer price inflation fell short of forecasts.

The data showed that retail sales rose by 1% in the month of September compared to the previous month and amounted to 40730 million Canadian dollars ($ 39.14 billion ) . The result was far ahead of market expectations at 0.3 %.

Except for the automotive sector retail sales were unchanged compared with the previous month and amounted to 31010 million Canadian dollars.

Compared to the same period of the previous year the retail sales rose by 3.6 %.

Meanwhile, another report showed that the consumer price index in October rose by 0.7 % compared to last year , slightly below market expectations of 0.8 % growth . And less increase in September at 1.1%.

Core CPI , which excludes volatile components such as food and energy , rose 1.2 %, in line with market expectations . On a monthly measurement of inflation fell to 0.2%, while core inflation rose by 0.2 %.

The seasonally adjusted consumer price index in Canada fell by 0.1 % in October, following a downwardly revised 0.1 % increase the previous month.