A. Merkel said that the debate about Greece are to hold in the Bundestag on Wednesday. The Greek 10-year government bonds yield reached a level of 15%, pointing to the high economic risks that is a negative factor for the euro. On Monday, the EUR/USD began trading with a gap in the area of 1.1009, then it showed a growth above the 12 figure amid rumors of a possible agreement between Athens and the creditors. The growth was permanent and the pair fell by the end of Tuesday.
The GBP / USD fell amid the cross-rate EUR/GBP growth. The first quarter UK GDP increased by 0.4% q/q and 2.9% y/y.
The pair USD/JPY closed the day in the "red zone". Traders ran from risky assets to the "safe yen."
The United States can please us with positive macroeconomic statistics. Last Friday, the Michigan University reported about the consumer confidence maximum level over the past 5 months. Åhe positive trend was confirmed by the Conference Board (the data showed a growth from 94.6 to 101.4) - we noted demand for the US dollarPublication source