European session: the euro declined

07:00 Germany Retail sales, real adjusted December +1.2% +0.1% -1.7%
07:00 Germany Retail sales, real unadjusted, y/y December -0.6% -1.3% -4.7%
07:00 United Kingdom Nationwide house price index January -0.1% +0.3% +0.5%
07:00 United Kingdom Nationwide house price index, y/y January -1.0% -0.5% 0.0%
07:45 France Consumer spending December +0.2% +0.3% 0.0%
07:45 France Consumer spending, y/y December -0.2% +0.1% -0.1%
08:55 Germany Unemployment Change January +3 -9 -16
08:55 Germany Unemployment Rate s.a. January 6.9% 6.9% 6.8%
13:00 Germany CPI, m/m (preliminary) January +0.9% -0.5% -0.5%
13:00 Germany CPI, y/y (preliminary) January +2.1% +2.0% +1.7%

The euro fell on Wednesday made a 13-month high against the dollar after a report showed that German retail sales fell last month, more than economists forecast, leading to damping demand for the single currency.

Retail sales in Germany, which are usually quite volatile index in December were worse than expected. In real terms, they fell from the previous month and compared with the same period last year. Retail sales adjusted for seasonal variations, the number of working days and inflation in December fell by 1.7% compared with November.

Other regional statistics published mixed. Greek retail sales rebounded from -18.1% to -16.8% in November (y / y), PPI Italy eased from 2.0% to 1.8% (vs. 1.9%), and the current account balance Spain increased from € 0.865 billion to € 1.780 billion previously unemployment rate in Greece has fallen from 6.9% to 6.8% in January. Unemployment in Germany fell by 16 thousand to 8 thousand on projections. The December figure was revised up from three thousand to -2 thousand German Preliminary CPI rose by 1.7% year on year and decreased by 0.5% m / m vs. -0.4% and 2.0% respectively.

The euro fell for the first time in three days against the yen as the data increased speculation that the recent appreciation of the currency would undermine efforts to restore the economy of the region.

Market participants expect the output data on the number of jobs outside agriculture in the USA, which are considered an indicator of the health of the world's largest economy. Stronger-than-expected data on the number of jobs in the private sector in the U.S., released on Wednesday, raised expectations that the employment report on Friday will also be quite positive.

EUR / USD: during the European session the pair fell to a new low of $ 1.3539

GBP / USD: during the European session the pair rose to a new high of $ 1.5842, and then upgrade low of $ 1.5744

USD / JPY: during the European session the pair rose to a maximum of Y91.08

At 13:30 GMT, Canada will provide an index of commodity prices in December. At 13:30 GMT the U.S. will publish the number of initial claims for unemployment insurance, the number of repeated applications for unemployment benefits. At 23:50 GMT a speech Governor of the Reserve Bank of New Zealand Graeme Wheeler.