The euro retreated from its session high against the dollar, but continues to trade with a slight increase . Currency was supported data for the euro area , which showed that the level of economic confidence improved in March, more than expected, owing much more confident consumers. Economic sentiment index rose to 102.4 from 101.2 in February , when he was predicted to rise to 101.3 . The index of business optimism in the industry as a whole remained unchanged at -3.3 as a result of expectations of managers relative to the total portfolio of orders and stocks of finished goods . Increased confidence in the services sector by 0.9 points to 4.2 was caused by a more positive assessment last business situation and past demand, which contrast with the pessimistic view of the expected demand . Consumer confidence index was particularly growing , registering the strongest monthly increase since April 2009 . The indicator rose to -9.3 from -12.7 last month. Retailers confidence index was -2.6 compared to -3 in February. Meanwhile , the indicator for construction fell to -28.8 from -28.5 .

Made a slight negative data for Germany . They showed that consumer prices in Germany rose in March by 0.3 % compared with the previous month , after rising 0.5% in February this year . In annual terms, inflation in Germany in March was 1% after 1.2% last month. Consumer prices calculated according to the standards of the European Union in March rose 0.3% on the month and increased by 0.9 % per annum.

Analysts point out that " although recent confidence indicators confirmed baseline scenario ECB economic recovery , inflation falls short of expectations , and probably , this situation will be maintained and further. It is not expected that the ECB will react to a single release, but inflation rates on Monday may be the last straw , to determine the final position of the Governing Council of the ECB , which is still dominated by doubt . "

British pound moderately higher against the U.S. dollar, weak responding to the final GDP data . UK economic growth coincided with a preliminary evaluation at the end of 2013 , data showed on Office for National Statistics released Friday . Gross domestic product grew 0.7 percent sequentially in the fourth quarter , according to the second estimate published on February 26. In annualized GDP rose by 2.7 percent , as well as the previous estimate . At the same time , economic growth in 2013 was revised down to 1.7 percent from 1.8 percent . In turn , the British consumer confidence index reached its highest level since August 2007 against the background of the optimistic expectations of the general economic trends and personal finance . On Friday reported research group GfK. Consumer sentiment index was -5 in March compared with February -7 . Projected growth to -6 . All five measures used to calculate the index , showed an increase in this month. Score personal financial situation over the past twelve months rose to -11 from -13 in February, and their expectations rose slightly to 5 from 4 . Measure of the overall economic situation in the country last year rose by 2 points to -15 . In addition , expectations for the next year rose 2 points to 4 . Index " climate for major purchases " rose four points this month to -7 . Meanwhile, the index " now is a good time for savings" fell two points to -14 .

The yen declined significantly against the U.S. dollar , losing almost 100 points . Explanation for this may be the growth dynamics of stock markets and U.S. bond yields , and, of course , the tax increase on April 1. We also add that market participants continue to assess today 's inflation data , which suggest that the Bank of Japan adopted measures to achieve the inflation target of 2% produce results . National consumer price index in February rose by 1.5% compared with the same period of the previous year , after rising by 1.4%. Meanwhile , CPI Tokyo, which is a leading indicator , in March rose by 1.3 % compared with the same period of the previous year , after rising by 1.1%.

USD/JPY Y101.50, Y101.65, Y102.00, Y102.20, Y103.00, Y103.50

EUR/USD $1.3710, $1.3750, $1.3795, $1.3800, $1.3850

AUD/USD $0.9150, $0.9170, $0.9200, $0.9230

USD/CAD Cad1.1100, Cad1.1145/50, Cad1.1165, Cad1.1180, Cad1.1235, Cad1.1250, Cad1.1300

GBP/USD $1.6650

AUD/NZD NZ$1.0500

EUR/GBP stg0.8275

AUD/JPY Y90.25, Y91.85

USD/CHF Chf0.8850, Chf0.8900

NZD/USD $0.8700

GBP/AUD A$1.8100

EUR/USD

Offers $1.3880, $1.3845/50, $1.3820, $1.3800, $1.3775/80

Bids $1.3705/00, $1.3694, $1.3650, $1.3640, $1.3630/20

GBP/USD

Offers  $1.6700, $1.6650/55

Bids $1.6580, $1.6550, $1.6520, $1.6500

AUD/USD

Offers $0.9400, $0.9350, $0.9300, $0.9275/80

Bids $0.9220, $0.9200, $0.9170, $0.9155/50

EUR/JPY

Offers Y141.50, Y141.20, Y140.85/90

Bids Y140.25/20, Y139.50, Y139.00

USD/JPY

Offers Y103.00, Y102.80, Y102.50

Bids Y102.00, Y101.80, Y101.60, Y101.50, Y101.35/30

EUR/GBP

Offers stg0.8350, stg0.8300

Bids stg0.8220, stg0.8210/00, stg0.8180

USD/JPY Y101.50, Y101.65, Y102.00, Y102.20, Y103.00, Y103.50

EUR/USD $1.3710, $1.3750, $1.3795, $1.3800, $1.3850

AUD/USD $0.9150, $0.9170, $0.9200, $0.9230

USD/CAD Cad1.1100, Cad1.1145/50, Cad1.1165, Cad1.1180, Cad1.1235, Cad1.1250, Cad1.1300

GBP/USD $1.6650

AUD/NZD NZ$1.0500

EUR/GBP stg0.8275

AUD/JPY Y90.25, Y91.85

USD/CHF Chf0.8850, Chf0.8900

NZD/USD $0.8700

GBP/AUD A$1.8100

00:05 United Kingdom Gfk Consumer Confidence March -7 -6 -5

Australia and New Zealand’s currencies led gains among the Group of 10 major developed currencies amid optimism over the two nations’ economies ahead of central bank meetings next month. The Reserve Bank of Australia will meet on April 1. Interest-rate swaps data compiled by Bloomberg show traders are certain New Zealand’s central bank will lift borrowing costs at its next policy review on April 24.

The Australian dollar headed for a sixth-straight daily advance, while its New Zealand peer jumped to the strongest level in 2 1/2 years after China’s Premier Li Keqiang said he’s confident growth will be in a “reasonable range” and the nation can’t ignore “difficulties and risks” from downward pressure on Asia’s biggest economy. Li said economic development in China, the biggest market for Australian and New Zealand exports, has “great resilience and room,” in remarks from a statement posted on the Chinese government’s website.

The euro traded near a three-week low before data forecast to show inflation in the region slowed. Consumer prices in the euro area probably increased 0.6 percent in March from a year earlier, according to the median estimate of economists in a Bloomberg survey before the European Union’s statistics office releases its initial estimate on March 31. That compares with a final reading for February of a 0.7 percent increase.

Citigroup Inc. said it expects the yen to weaken as the Bank of Japan adds to stimulus by July. In Japan, Citigroup expects additional BOJ easing in June or July to drive the yen down to the 108-110 per dollar level, Tokyo-based strategist Osamu Takashima wrote in a research note dated yesterday.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3735-50

GBP / USD: during the Asian session, the pair rose to $ 1.6620

USD / JPY: on Asian session the pair traded in the range of Y102.05-25

Focus turns to release of UK Q4 GDP final figures and Current Account data at 0930GMT for direction.