Likely
to hit the pound sterling and the euro bounced back after the losses
Minya yesterday, as strengthen the supporting data for GDP British and
German IFO expectations the European Central Bank's policy and the Bank
of England.
Highlights
Is likely to rise the euro and the pound sterling amid strengthening economic data outlook for monetary policy
Of the dollar is likely to decline after fading reduced bets the Fed quantitative easing if U.S. data came disappointing
Chapter II figures headline GDP British economic calendar in European trading hours. Projections indicate output to rise by 0.6%, the best performance since the three months to September 2012. Likely to coincide recovery with significant improvement that occurs on the economic data in the United Kingdom during the period between April and June, which would provide support for the pound center as traders return to growth to normal levels as a guide limits the opportunities for expanding the Bank of England the Department of incentives .
In the meantime, it is likely to show the German IFO business confidence provided the main measure of the business climate to 106.1, the highest reading in four months. In this regard, according to data released by Citigroup, excels numbers issued by the monetary mass Square speculation in recent times, which probably provides some support to the expectations of the European Central Bank's policy. In the meantime, the euro continues to track the underlying difference between the proceeds, which indicates that any bullish surprise will be channeled for the benefit of the single currency and the prospects for rates.
Later in the day, turn attention towards the U.S. economic calendar. Report will be durable goods orders for the month of June and weekly jobless claims, amid estimates the emergence of a slight deterioration on both levels. In general, the results returned to the U.S. economic tested some weakness compared to the expectations of economists in recent weeks. Keep that area available in front of the emergence of disappointing results put the U.S. dollar under downward pressure and dissipate intensive hopes to reduce the size of the Fed quantitative easing.
Highlights
Is likely to rise the euro and the pound sterling amid strengthening economic data outlook for monetary policy
Of the dollar is likely to decline after fading reduced bets the Fed quantitative easing if U.S. data came disappointing
Chapter II figures headline GDP British economic calendar in European trading hours. Projections indicate output to rise by 0.6%, the best performance since the three months to September 2012. Likely to coincide recovery with significant improvement that occurs on the economic data in the United Kingdom during the period between April and June, which would provide support for the pound center as traders return to growth to normal levels as a guide limits the opportunities for expanding the Bank of England the Department of incentives .
In the meantime, it is likely to show the German IFO business confidence provided the main measure of the business climate to 106.1, the highest reading in four months. In this regard, according to data released by Citigroup, excels numbers issued by the monetary mass Square speculation in recent times, which probably provides some support to the expectations of the European Central Bank's policy. In the meantime, the euro continues to track the underlying difference between the proceeds, which indicates that any bullish surprise will be channeled for the benefit of the single currency and the prospects for rates.
Later in the day, turn attention towards the U.S. economic calendar. Report will be durable goods orders for the month of June and weekly jobless claims, amid estimates the emergence of a slight deterioration on both levels. In general, the results returned to the U.S. economic tested some weakness compared to the expectations of economists in recent weeks. Keep that area available in front of the emergence of disappointing results put the U.S. dollar under downward pressure and dissipate intensive hopes to reduce the size of the Fed quantitative easing.
