Market sentiment

01.04.2015 / 07:23

Rating:

EUR/USD: sentiment is for stronger dollar. EU and IMF didn’t approve the proposals of Greece for reforms, calling it “a list of ideas”, which puts pressure on the single currency. Speculations about higher interest levels in the US are renewed, which is good for the dollar

AUD/USD: Aussie rose against the dollar during the Asian session, after being supported by good data on building approvals in Australia and the manufacturing PMI in China. Later in the day we expect important data for the ADP non-farm employment change in the US

European indexes are likely to run down after Greece and it’s creditors failed to reach an agreement at this stage. Dollar again put pressure on gold and oil. Today we expect data for the weekly crude inventories in the US. Bullion fell this week after last had reached their highest levels for the past three weeks, speculation about lifting US interest rates puts pressure

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Market sentiment

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