Sentiment in support of US indices and the dollar

EURUSD sentiment for the pair remains Short after better data on trade balance and the change in employment outside the business sector in the United States today and the negative inflation, which display data in Europe and the higher number bezrabotini in Germany. In the long term the dollar remains supported by expectations of an early increase in interest rates by the Federal Reserve, and in Europe in anticipation of quantitative easing, which will strengthen supplemental descending movements of the couple.

GBPUSD is possible that in the coming hours to see corrective movement in the pair, as this will give us good prerequisites for sell positions as the dollar remains supported by good economic data. Dne expect important news from the UK index of home prices, and a little later in the day and BoE decisions on interest rates and financial incentives. US today expect applications for jobless benefits is expected to decrease slightly to 290 000 298 000 in arrears. It is possible today to see an increase in volatility.

The price of oil is currently stopped falling after the US reported a -4.0 million barrels of oil reserves yesterday and it immediately povlia on US indices, as they made a slight recovery values. Today expected results for applications for jobless benefits and natural gas reserves, while weaker data will probably see a new adjustment.

In European indexes sentiment remains negative, due to end today data on inflation in the Eurozone, which showed a negative level for the first time since 2009, and the number of unemployed in Germany, which showed -27,000 to expectations of -5 000. crisis Greece still has an impact on investor confidence today from 12:00 attention will turn to the economic and industrial confidence in the eurozone. After Release expect increased volatility.

Varchev Finance