The single currency is still down. After a night of transactions on eastern markets pushed the Euro downwards again, revealing a certain pessimism on the part of the Asian powers regarding the European recovery, the continental currency soon returned to 1,3013 at the opening of the exchange, remaining on the same levels until late in the morning and taking a "wait and see" side channel. This morning's drop brings the Euro back close to the lows of the last three months.
Today the publication of significant data on the European side is expected: la industrial production in Germany relating to the month of April, scheduled for hours 12, and the speech of Draghi pm 14.30. The publication on the financial situation of the Union will follow at 15 pm.
It will also be data from United States to settle exchanges on the euro/dollar front: alle 13,30 the data will be published NFIB, which measures ten components of the economy including consumer price levels, rents, corporate capital expenditures.
Always in the US, starting at 15, publication of the index is awaited Redbook and the economic optimism index IBD (at 16pm), plus Richard's speech Fisher (17.45 pm), president of the Dallas Fed, who could provide more indications, expected by analysts, on possible new waves of Quantitative Easing.
