Market Overview

30 April 2015 11:57

Konstantin Meinhardt

The euro started to rise against the U.S. dollar yesterday morning. The euro appreciated more than 280 pips. The significant increase was driven by different factors. Investors hope that Greece and its creditors will sign a new agreement. Tsipras reshuffled his team negotiating with European and IMF creditors on Monday. Deputy Foreign Minister, Euclid Tsakalotos, was appointed co-coordinator of the team. This news was considered positive.
Market Focus
  • Swiss government raises 2019 GDP growth forecast to 0.9% from 0.8% previously
  • Fed keeps rates on hold, points to 'favourable' economic outlook next year
  • German consumer price growth stabilised in November
  • French consumer prices rose by 0.1% in November, as expected

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