EUR/USD $1.2700, $1.2800, $1.2825, $1.2980

USD/JPY Y93.00, Y94.00, Y94.25, Y94.30, Y94.50, Y95.00, Y95.40, Y95.80, Y96.00

EUR/JPY Y121.35

GBP/USD $1.5100, $1.5200

EUR/GBP stg0.8450

EUR/NOK Nok7.4465

AUD/USD $1.0375, $1.0400, $1.0410, $1.0450, $1.0455, $1.0475, $1.0500

USD/CAD C$1.0125

Data

00:00 China Bank holiday April

00:30 Australia Building Permits, m/m February -2.0% +2.4% 3.1%

00:30 Australia Building Permits, y/y February +12.8% +14.3% +10%

00:30 Australia Retail sales (MoM) February +1.2% +0.3% +1.3%

00:30 Australia Retail Sales Y/Y February +3.0% +4.6%

03:00 Japan BoJ Interest Rate Decision April 0.10% 0.10% 0.10%

03:00 Japan BoJ Monetary Policy Statement April

07:00 Japan BOJ Press Conference April

07:50 France Services PMI (Finally) March 41.9 41.9 41.3

07:55 Germany Services PMI (Finally) March 51.6 51.6 50.9

08:00 Eurozone Services PMI (Finally) March 46.5 46.5 46.4

08:30 United Kingdom Purchasing Manager Index Services March 51.8 51.4 52.4

09:00 Eurozone Producer Price Index, MoM February +0.6% +0.2% +0.2%

09:00 Eurozone Producer Price Index (YoY) February +1.9% +1.4% +1.3%

11:00 United Kingdom BoE Interest Rate Decision April 0.50% 0.50% 0.50%

11:00 United Kingdom Asset Purchase Facility April 375 375 375

11:00 United Kingdom MPC Rate Statement April

11:45 Eurozone ECB Interest Rate Decision April 0.75% 0.75%

European currency fell against the dollar as a published report showed that the decline in activity in the private sector of the euro area has increased in March, while in Germany the value of this index almost reached the level of stagnation, as a result many economists were of the view that the euro zone to be on his way to his sixth quarterly decline. According to the report, the final composite purchasing managers' index, which measures the performance of the service sector and in the manufacturing sector fell last month to the level of 46.5, compared to 47.9 in February. At the same time, the data showed that the purchasing managers' index for the services sector dropped to a mark of 46.4 from 47.9 the previous month, which was also slightly below the pre-assessment at the level of 46.5. Meanwhile, another report showed that producer price inflation in the euro area slowed in February, exceeding economists' forecasts for this. According to the report, annualized producer price index increased in February by 1.3%, which was significantly less than the previous month, which was revised up to 1.7%. Add that many economists predicted slowing inflation to 1.4% from 1.9%, which was originally reported in January. In addition, it was reported that in monthly terms producer price index rose by 0.2%, which is fully in line with economists' forecasts. However, the monthly growth was much slower than the 0.4% recorded in January, which was revised down from 0.6%. But in spite of such a significant decline, the euro was able to recover some ground after the ECB said that the interest rate remains unchanged.

The cost of the British pound against the dollar has increased significantly, restored with almost all the losses that have been incurred in the first half of the session. Note that the strong currency contributed data, which showed that activity in the services sector has grown considerably in the UK last month, showing with the fastest rate of expansion in the last seven months. According to the report, the seasonally adjusted Purchasing Managers' Index (PMI) for the services sector rose in March to the level of 52.4, up from 51.8 in February. Note that according to the average forecast of experts, the value of this index was to rise to 51.4. Note that the index reading above 50 indicates expansion, while a drop below suggests decline. In addition, it was reported that the number of new orders also rose, registering with the largest increase in the last ten months, which was associated with an increase in the confidence of consumers and the willingness to take on more new business. Meanwhile, data showed that the company increased the number of its labor force, which was the third month in a row addition, partly because of expectations of a further increase in sales in the coming months.

We add that the growth rates also contributed to the decision of the Bank of England and the ECB leave key interest rates level unchanged at 0.5% and 0.75% respectively.

The Japanese currency fell sharply against all major currencies after the Bank of Japan announced its decision to keep the benchmark interest rate unchanged at 0-0.1% and extend the program to repurchase assets from the market by 50 trillion yen - up to 151 trillion yen in year (1.62 trillion dollars). In addition, the regulator intends to start buying government bonds with maturities greater than the limit of three years. Now the limit is extended to seven years. The Bank of Japan called the new scheme easing "quantitative and qualitative monetary easing." Central Bank announced its intention to achieve the inflation target of about 2% in two years. The decision was taken by majority vote, 8 to 1. Made against Kiuti, who did not agree with the decision to accept a scheme of quantitative and qualitative easing. It is worth noting that today's meeting was the first for new head finregulyatora Kuroda, who took office last month.

The Australian dollar rose against the U.S. dollar, registering the fifth consecutive daily gain after positive macroeconomic statistics. In February 2013, the turnover in the Australian retail sector rose by 0.4%, after rising 0.3% in January. By February 2012, retail trade turnover in February increased by 3.2%. With seasonal correction in January retail sales rose by 1.3%, after rising 1.2% in January and a decline of 0.5% in December 2012 to positively influence the growth of the Australian currency report on the number of building permits, which , according to the seasonal correction in February rose 3.1% after declining in the previous two months.

EUR / USD: during the European session the pair fell to $ 1.2782, and then rose to $ 1.2824

GBP / USD: during the European session the pair fell to $ 1.5023, but later was able to rise to $ 1.5132

USD / JPY: during the European session, rose to Y95.68

At 12:30 GMT the euro area will be the monthly press conference of the ECB. Also during this time, the U.S. will report on the number of initial claims for unemployment benefits in March. At 12:45 GMT the U.S. with an address by a member of the Federal Open Market C. Evans. At 14:30 GMT by an address by Fed Chairman Bernanke. At 16:30 GMT the U.S. member of the Committee on the Federal Open Market Easter George. 21:00 GMT In an address by a member of the Federal Open Market J. Yellen.

EUR/USD

Offers $1.2900/10, $1.2880/90, $1.2855/65

Bids $1.2780/70, $1.2755/50, $1.2735/30, $1.2720, $1.2705/690

GBP/USD

Offers $1.5280, $1.5215/20, $1.5195/2.00, $1.5175/80, $1.5095/00

Bids $1.5034, $1.5020, $1.5000

AUD/USD

Offers $1.0550, $1.0475/80, $1.0445/50

Bids  $1.0405/00, $1.0390/85, $1.0380, $1.0365/60, $1.0355/50

EUR/GBP

Offers stg0.8600/05, stg0.8560/65, stg0.8545/50, stg0.8520/25

Bids stg0.8480/75, stg0.8465/60, stg0.8450/45, stg0.8410/00, stg0.8395/90

EUR/JPY

Offers Y124.00, Y123.50, Y123.00, Y122.80

Bids Y121.60/50, Y121.00, Y120.50, Y120.20

USD/JPY

Offers Y96.50, Y96.00, Y95.80

Bids Y95.00, Y94.65/60, Y94.50, Y94.00, Y93.50

EUR/USD $1.2700, $1.2800, $1.2825, $1.2980

USD/JPY Y93.00, Y94.00, Y94.25, Y94.30, Y94.50, Y95.00, Y95.40, Y95.80, Y96.00

EUR/JPY Y121.35

GBP/USD $1.5100, $1.5200

EUR/GBP stg0.8450

EUR/NOK Nok7.4465

AUD/USD $1.0375, $1.0400, $1.0410, $1.0450, $1.0455, $1.0475, $1.0500

00:00 China Bank holiday April

00:30 Australia Building Permits, m/m February -2.0% +2.4% 3.1%

00:30 Australia Building Permits, y/y February +12.8% +14.3% +10%

00:30 Australia Retail sales (MoM) February +1.2% +0.3% +1.3%

00:30 Australia Retail Sales Y/Y February +3.0% +4.6%

03:00 Japan BoJ Interest Rate Decision April 0.10% 0.10% 0.10%

03:00 Japan BoJ Monetary Policy Statement April

The yen fell versus all of its 16 major counterparts after the Bank of Japan announced larger- than-expected monthly bond purchases at the conclusion of a two- day meeting today. Japan’s currency slid against the euro and the dollar as BOJ Governor Haruhiko Kuroda and his peers adopted a two-year time horizon to achieve their 2 percent annual inflation goal. Today’s meeting was the first to be led by Kuroda since he took office last month. Japan’s central bank said it will buy 7 trillion yen ($74.3 billion) of bonds a month, exceeding the median 5.2 trillion yen predicted by economists surveyed by Bloomberg News before today’s decision.

Australia’s dollar gained for a fifth day as traders pared bets on interest-rate cuts after retail sales climbed by the most in more than three years. The so-called Aussie traded 0.2 percent from the strongest level in 10 weeks versus the U.S. currency as retail sales jumped 1.3 percent in February and building approvals rebounded.  Building approvals rebounded 3.1 percent in February from a revised 2.0 percent drop in January. A gauge of Australia’s services industry advanced to the highest level in 14 months.

EUR / USD: during the Asian session the pair was trading around $ 1.2840.

GBP / USD: during the Asian session, the pair traded in the range of $ 1.5125-45.

USD / JPY: during the Asian session, the pair rose above Y94.00.

Thursday's calendar sees a full schedule of releases and events on both sides of the Atlantic, with the lunch time policy announcements from the ECB and BOE set to dominate. Ahead of that, the other central bank event of the day sees the inaugural press conference from new BOJ Governor Haruhiko Kuroda, expected at 0630GMT. Kuroda will explain to the assembled press the BOJ's latest decision. The main EMU releases see the March services PMIs, starting at 0713GMT

with the release of the Spanish data. This is followed by the Italian data at 0743GMT, France at 0748GMT, Germany at 0753GMT and the Eurozone at 0758GMT. Further EMU data is expected from 0900GMT, with the release of the Eurozone

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,2843 +0,16%

GBP/USD $1,5131 +0,19%

USD/CHF Chf0,9452 -0,35%

USD/JPY Y93,07 -0,31%

EUR/JPY Y119,53 -0,15%

GBP/JPY Y140,83 -0,13%

AUD/USD $1,0457 +0,04%

NZD/USD $0,8416 0,00%

00:00 China Bank holiday April

00:30 Australia Building Permits, m/m February -2.0% +2.4% 3.1%

00:30 Australia Building Permits, y/y February +12.8% +14.3% +10%

00:30 Australia Retail sales (MoM) February +1.2% +0.3% +1.3%

00:30 Australia Retail Sales Y/Y February +3.0%

03:00 Japan BoJ Interest Rate Decision April 0.10% 0.10%

03:00 Japan BoJ Monetary Policy Statement April

07:00 United Kingdom Halifax house price index March +0.5% +0.2%

07:00 United Kingdom Halifax house price index 3m Y/Y March +1.9% +1.1%

07:00 Japan BOJ Press Conference April

07:50 France Services PMI (Finally) March 41.9 41.9

07:55 Germany Services PMI (Finally) March 51.6 51.6

08:00 Eurozone Services PMI (Finally) March 46.5 46.5

08:30 United Kingdom Purchasing Manager Index Services March 51.8 51.4

09:00 Eurozone Producer Price Index, MoM February +0.6% +0.2%

09:00 Eurozone Producer Price Index (YoY) February +1.9% +1.4%

11:00 United Kingdom BoE Interest Rate Decision April 0.50% 0.50%

11:00 United Kingdom Asset Purchase Facility April 375 375

11:00 United Kingdom MPC Rate Statement April

11:45 Eurozone ECB Interest Rate Decision April 0.75% 0.75%

12:30 Eurozone ECB Press Conference April

12:30 U.S. Initial Jobless Claims March 357 354

12:45 U.S. FOMC Member Charles Evans Speaks April

14:30 U.S. Fed Chairman Bernanke Speaks April

16:30 U.S. FOMC Member Esther George Speaks April