- The euro (EUR) continues the downside and reached its weekly low at 1.2632 against the US dollar (USD) The single currency slid as the US CPI came out better than expected yesterday. Looking ahead the European PMI due today, may drive the pair lower if data will be lower than forecasts.
- The British Pound (GBP) snap a two day losses as it fell from its high at 1.6183 down to 1.6010 against the US dollar (USD). The sterling is moving lower as the US dollar is strengthening across the board. The monthly UK Retail Sales are on the calendar, due at 08:30 GMT and with expectations at -0.1%..
- The US 500 (SPI) climbed from 1885 up to 1943 yesterday reaching its two week high, before energy shares declined due to lower oil prices.