Without economic relevant news for the Euro during the rest of the week, the couple EUR/USD I cross to the fall the level of 38.2 % of Fibonaci's setbacks (from 1.34274 to 1.40354) at the end of the session in New York, nevertheless from the beginning of the Australian and Asian session I return to levels overhead from 38.2 % of Fibonaci.
I think than for the next hours a low volatility in this couple of Currencies, since the Market surely will wait for the information that The United States reports On March 11 on the Sales to the Retail (CORE Retail Sales) and the Index of Consumer Sentiment, the information about both factors is the following one:
CORE Retail Sales m/m Previous = 0.3 Forecast = 0.7
Consumer Sentiment Previous = 77.5 Forecast = 77.0
Later there is provided the schedule in which this information was promising to be for different Cities of the World:
CORE Retail Sales m/m
New York……………………………………07:30
Buenos Aires………………………………10:30
Londres……………………………………13:30
Madrid, París, Bruselas y Copenhagen …14:30
Moscow………………………………………16:30
Hong Kong………………………………….21:30
Tokio…………………………………………22:30
Consumer Sentiment
New York……………………………………08:55
Buenos Aires……………………………....11:55
Londres…………………………………….14:55
Madrid, París, Bruselas y Copenhagen ..15:55
Moscow………………………………………17:55
Hong Kong…………………………………..22:55
Tokio………………………………………….23:55
