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Sentiment in the market
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Loading...EURUSD Today we have important data on European PMI indices in services, as expected better data, and if the forecasts come true we might see an increase in euro. In the longer term the dollar remains supported by expectations of increases in interest rates and in Europe is expected to launch the program for quantitative easing, which increases the pressure on the single currency.
USDCAD Better GDP data in Canada yesterday led to shortovi movements couple. Sentiment remains in favor of the dollar due to growing speculation about an increase in interest rates by the FOMC. Today is awaiting a decision on interest rates in Canada, as changes from the current 0.75 percent is expected. Possible increase in volatility after Release.
Indexes probably will open with an increase today after oil prices rose in Asian session, and today the economic calendar is rich in releases that are likely to affect the shares. In Europe, investors will focus on the results of PMI indices and index in the ISM services of the United States.
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