USD and stock indices fall before the Fed reports

EURUSD is possible deeper correction ahead of the Federal Reserve on Wednesday. However, sentiment remains in favor of the dollar from better economic data in the US, as well as speculation that the Fed e closer to the increase in interest rates for the first time since 2006. Amid the good atmosphere in the US, in Europe the situation is the other pole. President of the European Central Bank Mario Draghi announced in a German newspaper that the probability to start buying government bonds, called quantitative easing is large due to low inflation in the Eurozone. In Greece, you are preparing for early parliamentary elections, as polls showed that there were likely party Syriza win, and that can separate country from the Eurozone.

GBPUSD sentiment of the couple remains Short after weaker data yesterday for the construction PMI in the UK. Today is expected PMI data in the services sector, investors will turn their attention, and if the forecasts for the decrease justify probability again to see declines is great.

US indexes are likely to open in the red today, caused by the oil price, which moves near $ 50 a barrel, the situation is highly speculative. Also causes negative sentiment associated with risks around Greece and the upcoming vote on 01.25.2015 year.

European indexes are expected to continue the movement of the US and also to keep the bearish movements. Tensions in Greece, which affects the whole of the European Union raises speculation that the UK has more support began receiving parties aimed Britain leaving the Eurozone. Oil prices also decreased, which is in support of shortovotite moves by European indices.

Varchev Finance