EURUSD Investors will continue to monitor the situation around the Greek debt once again yesterday not reached an agreement, and Germany refused to accept the extension to six months, arguing that "it is not a solution." In Ukraine the situation also remains tense, which also puts pressure on the single currency. The dollar remains the supported by better data yesterday applications for unemployment benefits.
GBPUSD More Get data from the US Mobley aid yesterday intensified speculation that we may see an increase in interest rates at mid-year. Yesterday we saw the rise of the pound after the good results of the balance in industrial orders in the UK and today focus will be on retail sales of the country.
Indices will probably show stronger results today after yesterday's economic data from the US and Europe showed good values. Oil also marked price increase, which in turn is in favor of energy stocks. Pressure on stocks has ongoing conflict in Ukraine, and markets are awaiting a decision on the Greek debt in the coming days. In today's session, investors will turn their attention to the PMI indices in services and manufacturing in Europe and the US, as well as retail sales in Canada and the UK, which will likely affect stock indices.
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