Euro surges after ECB says could revisit policy message soon (news: 11/01/17)

Today's press

  • LONDON (Reuters) – The euro jumped almost a cent on Thursday after the European Central Bank said it could revisit its communication stance in early 2018, boosting expectations that policymakers are getting ready to reduce their vast monetary stimulus programme.

  • – U.S. producer prices fell in December, adding to fears over the sluggish inflation outlook, according to official data released on Thursday.

  • Despite the two-way action on the price of bitcoin over the last 24 hours, the bears still appear to have the upper hand.

Next trading day's important events

  • 16:30 (GMT+3) US – Retail Sales (MoM) (Dec)
  • 16:30 (GMT+3) US – Consumer Price Index (YoY) (Dec)

Forex quotes:

  • USDJPY: 111.40
  • EURUSD: 1.205


  • S&P 500: 2758.47
  • NASDAQ: 7178.49

Source: Alpari

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