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The euro rose against the dollar significantly, offsetting with all previously lost positions today. Experts point out that in spite of the fears associated with Greece, the dollar is losing ground against the euro. A wave of optimism helps the single currency. It emerged after one of the representatives of the eurozone, said that the deadline for Greece is the end of June. Also head of the Eurogroup Jeroen Deysselblum said today he expects to reach an agreement between Athens and its creditors in the coming weeks. Furthermore, he added that in the interests of the eurozone to Greece remained in the unit. Jeroen Deysselblum, who also heads the group of eurozone finance ministers, said Greece should fulfill its obligations and agreements, if she wants to stay in the eurozone. But he also noted that the Greek exit - not an option. It is worth emphasizing, if Greece does not reach agreement with the international lenders, then in a few weeks she may end financial resources.
The Canadian dollar fell against the US currency, closer to the five-day minimum. Traders report that the Canadian could not hold the position won after comments from the head of the Central Bank of Canada and the runners amid rising oil prices. Little impact also had data on Canada. As it became known, wholesale sales in Canada fell unexpectedly in February, and sales reached their lowest level in six months. Proceeds from the wholesale trade fell by 0.4% to 53.62 billion. Canadian dollars ($ 43.84 billion)., Said Tuesday by Statistics Canada. The market consensus forecast assumed an increase of 0.5%. With the exception of the automotive sector wholesale sales fell 0.2%. On the basis of the bulk trade fell by 0.7%. The fall in February followed a revised decline of 2.9% in the previous month.
The pound has appreciated sharply against the US dollar, reaching a maximum at the same time yesterday on the background of the general decline of the American currency. Market participants are also expected to publish the minutes of the last meeting of the Bank of England. Recall, the protocol contains a detailed description of the situation in the economy, the financial sector, the global economy is considered the employment situation, credit and inflation, which provide in-depth understanding of conditions that influenced the decision taken by the British Bank. Despite the fact that these protocols have already reflect the past meeting of the Bank of England, the results of which are known, they may have some impact on the markets. Market participants are interested in how to split the votes of members of the Committee on monetary policy when deciding on the rate. Also pay attention to what the decision will be accompanied by commentary (commentary on the state of the economy, inflation, labor market, etc.).
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