After the president of the U.S. Federal Reserve (FED) Ben Bernanke will defend to the Central Bank as the agency most qualified to be the supervisor of the U.S. financial system, the dollar has advanced against its major positions counterparts. However, the euro also weakened by fears driven environment of severe fiscal crisis experienced by the euro zone and in which, if there is no quick solution could increase economic instability in the old continent. Earlier today, Prime Minister of Greece, George Papandreou, has indicated it will not appeal for economic aid from the International Monetary Fund (IMF) and stated that awaits more support from the European Commission.

Among other things, today we have learned that the Swiss industrial production has exceeded expectations, although still in negative numbers, while the trade balance of the Euro zone has been below the estimate. For the next few hours, the focus will be on the Consumer Price Index, initial requests for unemployment, leading indicators and the Fed Manufacturing Survey of Philadelphia in the United States. » Read more: Dollar Expectant of US CPI