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- Asian session: Mario Monti has held a post of the prime minister of Italy
Asian session: Mario Monti has held a post of the prime minister of Italy
The 17-nation currency was supported after Greece’s finance minister said his priority is to ensure the country gets a sixth loan under an EU-led bailout after Prime Minister Lucas Papademos took charge.
The New Zealand dollar climbed for a second day after a government report showed retail sales increased by the most since 2006, adding to signs the domestic economy remains resilient.
EUR/USD: on Asian session the pair fell.
GBP/USD: on Asian session the pair decreased.
USD/JPY: on Asian session the pair continues falling.
On Monday EMU data rounds off at 1000GMT with EMU industrial output. At 1000GMT, German Chancellor Angela Merkel delivers a speech at a convention of her CDU party, in Leipzig. The OECD leading indicator data for September is then due, at 1100GMT. At 1300GMT, German Economics Minister Philipp Roesler delivers a speech at a conference on EU matters, in Berlin. At the Riksbank and ECB Conference on Bank Resolution, in Stockholm, at 1530GMT ECB Executive Board member Peter Praet is due to participate in a panel discussion, while at 1800GMT, ECB Vice President Vitor Constancio is due to give a dinner keynote speech.
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