FX & CFD trading involves significant risk
Yesterday the euro rose to a one-week high versus the dollar after European Central Bank President Mario Draghi said he saw signs of stabilization in the economy and Spain sold almost twice its maximum target at a note auction.
The shared currency appreciated versus 14 of its 16 most- traded peers as Italian borrowing costs dropped at a bill auction. The ECB left its benchmark interest rate unchanged.
The dollar fell the yen after data showed U.S. retail sales increased less than economists forecast.
The dollar fell bafter the Commerce Department said U.S. retail sales gained 0.1 percent last month, following a revised 0.4 percent increase in November. Economists in a Bloomberg survey forecast a 0.3 percent advance in December.
The Australian dollar erased gains versus its U.S. counterpart as stocks declined after the sales report and after more Americans than forecast filed claims for jobless benefits last week.
EUR/USD: yesterday the pair has grown on a figure.
GBP/USD: yesterday the pair traded about a level $1.5330.
USD/JPY: yesterday the pair has fallen.
Core-European data is limited to the 1000GMT release of the EMU trade balance. UK data comes at 0930GMT with PPI and also construction output. Producer prices have ended their long ascent and are coming back down.
|remaining time till the new event being published|
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.