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07:00 Germany Gfk Consumer Confidence Survey February 5.6 5.6 5.9
07:45 France Consumer confidence January 80 80 81
11:00 United Kingdom CBI retail sales volume balance January 9 1 -22
The dollar fell on speculation the Federal Reserve will seek to bring down unemployment by introducing another round of bond purchases, debasing the currency.
The U.S. currency declined after policy makers said yesterday the benchmark interest rate would stay low until at least late 2014, pushing back a previous date of mid-2013.
The central bank lowered its forecast for economic growth this year to a range of 2.2% to 2.7%, from a projection of 2.5% to 2.9% in November. It predicted an expansion next year of 2.8% to 3.2%, versus a previous forecast of 3% to 3.5%.
EUR/USD: the pair has grown, showed high in $1,3170 area. The rate receded in $1,3150 area later.
GBP/USD: the pair has shown high above $1,5700, but receded later.
USD/JPY: during european session the pair was limited Y77.40-Y77.70.
The weekly EIA Natural Gas Stocks data is then due at 1530GMT, followed at 1600GMT by Kansas City Fed Production data and later, at 2130GMT by M2 Money Supply data.
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