The dollar resumed its strength throughout the currency market, before seeking refuge from big investors.
Both France and Italy will issue debt next week, and this is a sign of concern in the markets, since it is not known for sure who will echo these emissions.
In principle, there should be an increase in the risk premium paid by both countries but are constant warnings from rating agencies about the possibility of reduction of the debt note not only of these two nations, but the rest of Europe.
In this context, the European currencies vary in wide ranges of prices, not strange to see the euro falling from its peak on Wednesday, when it touched 1.32, the current 1.3060, which puts you at a level very close to changing short-term trend if 1.3025 support break.
The pound sterling, which has remained stable in recent weeks, has a similar behavior to the euro at the time. Course was affected by two macro data, a negative (whose current account balance deficit rose in November), and a positive (small increase in the revised third quarter GDP). The 0.6% increase in GDP completes three consecutive quarters of growth, albeit very modest to the British economy away from the ghost of the recession.
Therefore, although the loser gave it to David Cameron at the summit of European leaders two weeks ago will have been so? Or was it the one that won? AND CONSCIOUS: anyone remember that at that summit nearly refound the European continent?
In the U.S. session will be announced Thursday at 8:30 Eastern, weekly unemployment requests, and the second revision of GDP in the third quarter. In this regard, no significant changes are expected and much less impact on the markets, except that the published figure is different from the 2.5% growth posted 30 days ago.
