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On Friday the euro fell against the dollar amid comments from the German Parliament, who said that the Bundestag not want Greece to provide new facilities or extend the time for the fulfillment of its obligations.Also, the pressure on the euro also had a statement of the ECB that the completion of the plan for the purchase of bonds to wait for a vote on the issue of the European Stabilization Mechanism (ESM). Against this background of increased yield of Spanish government bonds.
The pound fell against the dollar after the release of statistics. GDP data were generally as expected: the indicator was revised to -0.5% q / q (at the level of the average forecast) against preliminary level of -0.7%. In the first quarter a decline of 0.3% q / q. Sales of pounds for the most part these were due to changes in the volume of commercial investments, which were much worse than expected.
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