- Foreign exchange market. European session: the euro retreated from morning lows
Market news
Foreign exchange market. European session: the euro retreated from morning lows
Economic calendar:
00:00 Australia Conference Board Australia Leading Index February +0.2% +0.3%
09:00 Eurozone Construction Output, m/m February +1.5% +0.1%
09:00 Eurozone Construction Output, y/y February +8.8% +6.7%
12:30 Canada Wholesale Sales, m/m February +0.8% +0.7% +1,1%
The euro climbed to $1.3824. There were no economical impulses on the markets. Construction output in EU was published. The annual increase of construction output in February was worse than the output one month earlier. The annual construction output rose 6.7% in February (January: 8.8%). Stock markets remained unimpressed by this publication.
The U.S. dollar declined against the most major currencies ahead the publication of the real estate sector data.
The British pound increased because of the high demand since the publication of the better-than expected inflation rate last week.
EUR/USD: the currency pair reached $1.3824
GBP/USD: the currency pair reached $1.6839
USD/JPY: the currency pair traded flat
The most important news that are expected (GMT0):
13:00 | U.S. | Housing Price Index, m/m | February | +0.5% | |
13:00 | U.S. | Housing Price Index, y/y | February | +7.4% | |
14:00 | Eurozone | Consumer Confidence | April | -9 | -9 |
14:00 | U.S. | Richmond Fed Manufacturing Index | April | -7 | 0 |
14:00 | U.S. | Existing Home Sales | March | 4.60 | 4.57 |
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