After the day yesterday, the dollar registered the three-week highs against the euro at the prospect that the European Commission did not reach agreement on tax cut plan of Greece, now observe how in both the dollar such as the yen and Swiss franc positions move against the main majors, following increasing demand for the same as the value of refuge. Note that the support on the above plan is not unanimous. Germany, the bloc’s economic engine, has underlined its opposition to aid to Greece after claiming a series of “legal issues” and state that the Hellenic government is not threatened with insolvency.

Interestingly, as in the previous session, Japan’s currency against the greenback is catching, appreciating 70 pips after the Senate approved the most important reform in American history in which, after the management of its president, Barack Obama, 95% of the population will have access to health coverage in the coming years.

For the day today, all eyes will be on the leading indicators in Canada, while in the U.S., the most important activities are the sales of existing homes, the Fed Manufacturing Survey of Philadelphia and ABC Consumer Confidence / Washington Post. So far, we have learned that mortgage approvals in February MBA UK have exceeded expectations, while the Consumer Price Index (CPI) showed a decline in Britain last month, to settle at 3%, when the previous figure was 3.5%. As a result, the cable depreciated 75 pips at the time of the announcement. » Read more: Risks in Greece undermining the Euro