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- European session:
European session:
Data:
06:30 France CPI (November) unadjusted 0.3%
06:30 France CPI (November) unadjusted Y/Y 2.5%
06:30 France HICP (November) Y/Y 2.7%
09:30 UK HICP (November) 0.2%
09:30 UK HICP (November) Y/Y 4.8%
09:30 UK HICP ex EFAT (November) Y/Y 3.2%
09:30 UK Retail prices (November) 0.2%
09:30 UK Retail prices (November) Y/Y 5.2%
09:30 UK RPI-X (November) Y/Y 5.3%
10:00 Germany ZEW economic expectations index (December) -53.8
The dollar declined against the yen before the Federal Reserve holds a policy meeting today amid speculation officials will maintain their pledge to keep borrowing costs at almost a record low.
The euro climbed against the greenback after the European bailout fund held its first auction of bills, attracting bids for more than three times the amount of securities that it sold.
The common currency erased earlier losses versus the yen after a German report showed investor confidence unexpectedly increased for the first time in 10 months.
EUR/USD: the pair shown high in $1,3240 area but later returned back to $1.3200 area.
GBP/USD: the pair holds in $1.5560-$ 1.5630.
USD/JPY: the pair holds in Y77.70-Y78.00.
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