American focus: the euro rose

The euro strengthened against the dollar, which was the first time in three days after Italy reached target levels at placement, and a published report showed that the level of economic confidence in the region has improved this month. In addition, the data support the euro was the German Economic Institute Gfk, according to which the German consumer confidence index in the last reporting period rose to 5.9 points from the previous value of 5.8 points, which was in line with the average forecast of analysts. Earlier, two other organizations that assess the mood in the German economy, Ifo and Zew also reported improvement of their indices. Data from Gfk, Ifo and ZEW give reason to expect that economic growth in Germany will rise after weak Q4 2012. We also add that market participants' attention was focused on the speech Fed Chairman Ben Bernanke and ECB President M. Draghi, who almost did not affect the dynamics of bidding.

The yen rose against most of its 16 major pending appointment of a new head of the Bank of Japan, which will take place tomorrow. Economists also point out that the race was a favorite Kuroda, as it enjoys the highest prestige in the international arena, and although he is a critic of the Bank of Japan, it does not support the idea of ​​buying foreign bonds.

Australian and New Zealand dollars fell against the U.S. dollar, which is the third-session decline in a row, against the background of concerns that joyless election results in Italy, will exacerbate the debt crisis in Europe, and will increase investors' appetite for risky assets.

The British pound rose against the dollar after the Bank of England today Representative Bean suggested revising the target level of inflation. Report published today shows that up to the 4th quarter of the British economy grew by 0.3% vs. 0.0% y / y, while the quarterly index decreased by 0.3% in line with forecasts. General business investment fell by 1.2% q / q, the annual rate of 0.4% compared to 5.4% y / y.