Foreign exchange market. Asian session: the euro declined

Economic calendar (GMT0):

Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual

00:30 Australia RBA Meeting's Minutes

The euro fell once again against the U.S. dollar amid ECB Draghi's comments that the quantitative easing program would be revised in December.

Investors are waiting for Data from the Centre for European Economic Research (ZEW) due later today.

The pound little changed ahead of inflation data, which may convince market participants that the Bank of England would be the next major central bank to raise interest rates after the Federal Reserve. A median forecast suggests a 0.1% y/y decline in consumer prices in October. The index is likely to post a 0.1% gain on a monthly basis in October after a 0.1% contraction in September.

The Australian dollar rose after the release of RBA meeting minutes, however later it started to decline. According to the minutes the RBA sees signs of further improvement in the Australian economy.

The New Zealand dollar declined against the greenback ahead of a global dairy auction. Milk powder is expected to lose 9%-10% of its price.

EUR/USD: the pair fell to $1.0655 in Asian trade

USD/JPY: the pair rose to Y123.45

GBP/USD: the pair fell to $1.5165

The most important news that are expected (GMT0):

(time / country / index / period / previous value / forecast)

09:30 United Kingdom Producer Price Index - Output (MoM) October -0.1% 0%

09:30 United Kingdom Producer Price Index - Input (YoY) October -13.3% -12%

09:30 United Kingdom Producer Price Index - Input (MoM) October 0.6% 0.2%

09:30 United Kingdom Producer Price Index - Output (YoY) October -1.8% -1.3%

09:30 United Kingdom Retail Price Index, m/m October -0.1% 0.1%

09:30 United Kingdom Retail prices, Y/Y October 0.8% 0.9%

09:30 United Kingdom HICP, m/m October -0.1% 0.1%

09:30 United Kingdom HICP, Y/Y October -0.1% -0.1%

09:30 United Kingdom HICP ex EFAT, Y/Y October 1.0% 1%

10:00 Eurozone ZEW Economic Sentiment November 30.1 35.2

10:00 Germany ZEW Survey - Economic Sentiment November 1.9 6

13:30 U.S. CPI, m/m October -0.2% 0.2%

13:30 U.S. CPI, Y/Y October 0.0% 0.1%

13:30 U.S. CPI excluding food and energy, m/m October 0.2% 0.2%

13:30 U.S. CPI excluding food and energy, Y/Y October 1.9% 1.9%

14:15 U.S. Capacity Utilization October 77.5% 77.5%

14:15 U.S. Industrial Production (MoM) October -0.2% 0.1%

14:15 U.S. Industrial Production YoY October 0.4%

15:00 U.S. NAHB Housing Market Index November 64 64

21:00 U.S. Total Net TIC Flows September -9.2

21:00 U.S. Net Long-term TIC Flows September 20.4

23:00 Australia Conference Board Australia Leading Index September -0.4%

23:30 Australia Leading Index October 0.1%