Sentiment in favor of the dollar and indices

31.03.2015 / 07:40

Rating:

EUR / USD The euro remained under pressure due to ongoing disagreements between Greece and European lenders. Program of quantitative easing in Europe continue, which also supports the downward movement. On the other hand the US is expected to increase interest rates, which is in favor of the greenback.

GBP / USD sentiment remains in favor of the dollar due to speculation that the Fed will take raise rates later this year. Britain began election debates and polls prevail ruling party. Today we expect important news for GDP of the United Kingdom, and changed from the previous 0.5% monthly and 2.7% annually is expected. When changes are likely to see movements in crosses of pounds.

Indices are likely to continue its positive momentum after yesterday rose which erased earlier losses, after it became clear that Asiana continue incentives. Oil decreased slightly in early session today, which may adversely affect the energy stocks. In today expect major releases inflation and unemployment in Europe and US Consumer Confidence.

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Sentiment in favor of the dollar and indices

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