Sentiment in favor of the dollar after data on Nonfarm Payrolls last week

EURUSD sentiment remains in favor of the dollar after better US data last week on Nonfarm Payrolls and growing speculation that the Federal Reserve will still raise interest rates this year. In Europe, tensions on Greece's debt is not reduced, and an agreement on a ceasefire in Ukraine still can not be reached. This week expected meeting between Merkel, Putin and Hollande, which will discuss the plan stop the riots.

GBPUSD Late last week, a UK trade balance showed a poor performance against the better values of the United States. The dollar remains supported in the longer term due to expectations of an increase in interest rates by the Federal Reserve about mid-year. For today, investors will be watching the speech of Powell Fed, will be sought for signals of future monetary policy in the country.

Indices will probably fall today, as European could follow the US, with the lower price of oil, which has a negative impact on the energy sector and has already attained agreements Greek debt. European Central Bank flatly refused further increase the debt of Greece and stopped all loans from banks to the government. Data in China over the weekend showed mixed values, as we have seen improvement in the level of trade balance and a decrease in export-a and import-a country.

Varchev Finance