Foreign exchange market. European session: the euro traded higher against the U.S. dollar after the positive economic data from France

Economic calendar (GMT0):

00:00 New Zealand ANZ Business Confidence February 30.4 40.9

00:05 United Kingdom Gfk Consumer Confidence February 1 3 1

00:30 Australia Private Sector Credit, m/m January +0.5% +0.5% +0.6%

00:30 Australia Private Sector Credit, y/y January +5.9% +6.2%

05:00 Japan Housing Starts, y/y January -14.7% -11.1% -13.0%

07:45 France Consumer spending, y/y January +0.5% +0.6%

08:00 Switzerland KOF Leading Indicator February 96.1 Revised From 97.0 89.1 90.1

The U.S. dollar traded mixed to higher against the most major currencies ahead the U.S. economic data. The U.S. revised GDP is expected to rise 2.1% in fourth quarter.

The Chicago purchasing managers' index is expected to decline to 58.4 in February from 59.4 in January.

The final Reuters/Michigan Consumer Sentiment Index is expected to decline to 94.2 in February.

Pending home sales in the U.S. are expected to climb 2.5% in January, after a 3.7% decrease in December.

The euro traded higher against the U.S. dollar after the positive economic data from France. French consumer spending increased 0.6% in January from a year earlier, after a 1.6% rise. December's figure was revised up from a 1.5% gain.

The British pound traded mixed against the U.S. dollar in the absence any major economic reports from the U.K.

The Swiss franc traded higher against the U.S. dollar after the better-than-expected KOF leading indicator. The KOF leading indicator decreased to 90.1 in February from 96.1 in January, beating expectations for a decrease to 89.1. January's figure was revised down from 97.0.

EUR/USD: the currency pair rose to $1.1244

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair increased to Y119.44

The most important news that are expected (GMT0):

13:00 Germany CPI, m/m (Preliminary) February -1.1% +0.6%

13:00 Germany CPI, y/y (Finally) February -0.4%

13:30 U.S. PCE price index, q/q Quarter IV +4.3%

13:30 U.S. PCE price index ex food, energy, q/q Quarter IV +1.1%

13:30 U.S. GDP, q/q (Revised) Quarter IV +2.6% +2.1%

14:45 U.S. Chicago Purchasing Managers' Index February 59.4 58.4

15:00 U.S. Pending Home Sales (MoM) January -3.7% +2.5%

15:00 U.S. Reuters/Michigan Consumer Sentiment Index (Finally) February 98.1 94.2