The euro recovered during the night and – unlike in recent days – was bought on the Asian markets, returning slightly above the lows reached on Wednesday, a black day for the single currency which reached 1.2912 in the afternoon.
The couple EUR / USD is exchanged, at hours 10, 1.2956, and is currently in the range between 1.3066 (the maximum reached on Monday) e 1.2912 (Wednesday minimum).
The single currency has also risen compared to the pound sterling and the yen, with the couple EUR / GBP what a share 0.8041 and the cross EUR / JPY which stands, at 10, at altitude 103.19
As for the change euro/pound, the British data on monthly industrial production e annualas well as production statistics manufacturing, published at 10.30, confirmed expectations: industrial production continued to drop by 2,6% on an annual basis and by 0,3% on a monthly basis, while the trend in manufacturing was positively surprising (monthly figure ), up 0,9% versus 0,5% expected. In correspondence with the figure, the pound rose against the European ticket, reaching 0.8034 at 10.34.
Important, at 13, the appointment with the statement by the Bank of England on the interest rate: Markets are hoping for monetary easing and a new wave of Quantitative Easing. For now, the Central Bank's asset purchase program has stalled at 325 billion of pounds.
All 16 the estimates (this is unofficial data) of Niesr on GDP UK in the first quarter could have a heavy impact on trading.
The change euro/dollar will be susceptible to bearish changes if, at 14.30, better-than-expected data regarding requests for unemployment benefits in the US. Also the data on trade balance America – expected to be passive for 50 billion – could have a tangible effect on the exchange rate.
All 14.30 US import price index will be notified, while at 15.15 e 15.30, respectively, the federal president will speak Evans and the chairman of the Federal Reserve, Ben Bernanke.
The index Bloomberg on the confidence of American consumers, if an improvement compared to -37,6 earlier, could push the euro down.
Of less importance in the market trend should be the statistics on the stock of natural gas (16.30).
At 19, however, the Treasury will put it up for auction thirty-year bonds, and at 20 the data on the federal government budget in the last month.
More than any data, in any case, it will be the news from Athens that will regulate the mood of the exchanges. It is probable that Evangelos Venizelos, former finance minister, will not be able to form a new government after the resignation of Tsipras and Samaras. Greece is therefore moving towards new elections but the exit from the euro is considered increasingly probable.
