The euro rose sharply at the end of February , in line with the inflation rate of the Eurozone better predictions and data are less satisfactory America helped push EUR / USD skyrocketed further and further penetrate 1.3800 . At the beginning of this week, the EUR / USD fell back below 1.3800 . Also seen significant weakening USD against JPY and CAD , while the GBP / USD just posted only modest gains .
This Monday , SVME PMI Switzerland ( Jan, cons 56.0 ) will be released at 15:30 pm , followed by a series of numbers Manufacturing PMI for February will be released by Markit , covering Italy ( cons 52.5 ) , France ( 48.5 cons ) , Germany ( cons 54.7 ) , Greece , the Eurozone ( cons 53 ) , England ( cons 56.5 ) and American ( cons 56.3 ) . The data will be released at 15:43 streak in the am until 16:28 pm , and at 20:58 pm for the American Red Cross . In addition to the figures from Markit , several other important economic data will be released today. Figures UK Consumer Credit (Jan , cons £ 700 million ) will be released at 16:30 pm , in conjunction with Mortgage Approvals (Jan , cons 73,500 ) and Net Lending to Individuals (Jan , £ 2.5 billion ).
Some U.S. economic data will also be released in the evening session . Personal Spending ( Jan , cons 0.1 % ) will be released at 20:58 pm , followed by Construction Spending ( Jan , -0.2 % ) and the ISM Manufacturing PMI ( 51.5 cons ) at 22:00 pm . Mario Draghi in testimony before the European Parliament in Brussels will also be in the spotlight began at 21:00 pm , the statements about the European economic situation likely to affect the strength of the Euro is currently gaining momentum after last week's release of the Eurozone CPI .
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