Hi everyone, and welcome! Market finally decided to break the monotony this Friday, and dollar isfalling strongly across the board. Euro approaches to key 1.3800 after general market optimism improved this European morning. As comment on past Daily Wrap Up Webinar, markets has left Greece and other countries debt issues a side for the time to be. Better than expected Industrial Production data helped the case; dollar is down also against Pound, but Gbp is far from testing 1.5200 key area; only a weekly close above it could change the bearish momentum in the pair. Anyway, I guess we are going to have some quiet now, some small downside corrective movements, and market players will wait for US Retail Sales data in a couple of hours. reading is expected under previous month, so a better than expected data, despite not so positive, could trigger further risk appetite, and intraday trend likely to extend till the end of the American session.
http://www.fxstreet.com/fundamental/economic-calendar/
Have a great day


