European session: the euro rose

07:00 Switzerland Trade Balance - 2.73 2.17 2.95

07:00 Germany Producer Price Index (MoM) November 0.0% -0.1% -0.1%

07:00 Germany Producer Price Index (YoY) November +1.5% +1.4% +1.4%

07:20 Japan BOJ Press Conference -

09:30 United Kingdom Retail Sales (MoM) November -0.7% +0.3% 0.0%

09:30 United Kingdom Retail Sales (YoY) November +0.8% +1.5% +0.9%

The yen strengthened the most in six weeks against the dollar as the Bank of Japan maintained its inflation goal at 1 percent after newly elected Prime Minister Shinzo Abe called for a doubling of the target. Japan’s currency rose for the first time in eight days versus the euro even as the central bank expanded its asset- purchase fund by 10 trillion yen ($119 billion) to 76 trillion yen.

The euro approached an eight-month high against the dollar after a report that the Greek government has completed transactions to repurchase debt of € 31.9 billion in the same time, the data showed that Germany's producer price index and import prices came under forecast: +1.4% y / y m 1.1% y / y

The pound dropped for a third day against the euro as a report showed retail sales unexpectedly stagnated last month.I t is the latest sign of a slowing economy as a whole in the 4th quarter. Retail sales in the UK in November remained unchanged compared with October, but rose by 0.9% compared to November last year. For the three months through November as there have been no growth in sales compared to the previous three period. Data were weaker than expected. Economists had expected sales to rise 0.3% compared to the previous month and by 1.4% compared with the same period last year.

EUR / USD: during the European session, the pair rose to a maximum of $ 1.3268

GBP / USD: during the European session, the pair rose to a maximum of $ 1.6280

USD / JPY: during the European session the pair fell to a minimum Y83.85 and then recovered