The pair EUR/USD was in the flat before Draghi's speech. Traders ignored the US positive macroeconomic statistics, still the "Greek factor" did not allow bulls to win during the day. However by the end of the trades the pair increased. By the end of the day the pair GBP/USD had increased amid the EUR/GBP quotations decrease which supported the British pound. During the day the pair USD/JPY was in the flat as well amid the Japan and the US stock market sales.
Traders continue to believe that the next week the Federal Reserve may prepare the market to the interest rates growth in the short term. The Fed was in the spotlight after the US data that over the last few days have shown the economic growth signs which might serve as a basis to start the key rate raising.
The US producer price index rose up by 0.5% m/m in May, exceeding the growth forecasts by+ 0.4%. In April the index declined by 0.4%. The annualized rate fell by 1.1% in May against the decline by 0.8% in April. The basic price index rose up by 0.6% y/y that is below the growth forecast by 0.7%. Meanwhile, the core prices rose up by 0.1% m/m. The main index witnessed the maximum growth since 2012 while the benchmark index remains under pressure.Publication source