Market sentiment

EURUSD sentiment for the pair remains bearish after the European Central Bank announced that it will not increase the debt of Greece, through the purchase of government bonds of some European banks, as was the desire of the country. In the longer term quantitative easing continue to play an important role in the movement of the pair, as the background of this expected increase in US interest rates.

GBPUSD Yesterday's data from the US and UK sales increased by GBP showed a slight rise against the US dollar. Today also expect important news from the UK to the level of interest, perhaps there will be no change, and the US is likely to have better data on aid applications and the trade balance, which could strengthen the dollar.

Indexes probably will open with a fall today because of the ECB's decision late Tuesday to halt the banks to use Greek debt collateral, as the purchase of government bonds will take place. On the other hand, China announced that it would launch stimulus of the economy, will reduce interest rates to 19.5% compared to 20.0% for the previous period. This decision of the National Bank led to mixed results in Asian shares earlier today.

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