EUR/USD sits at 1.3695, marginally firmer from a North American close Monday up around 1.3670 with Asian trade confined to a narrow 1.3660-1.3699 range. Seems the market is becoming a little immune to the ongoing twists and turns surrounding a possible support package for Greece. Comment made by European Commission’s Juncker that loan guarantees will not be part of a Greek aid package seems to have been largely ignored, at least so far.
Euro zone data due today:
07:00 GMT: EU 25 new car registrations for February
07:45 GMT: French CPI for February expected +0.3% m /m, +1.1% y/y
09:00 GMT: Italian CPI for February expected +0.1% m/m, +1.2% y/y
10:00 GMT: Euro zone CPI for February expected +0.3% m/m, +0.9% y/y, core +0.8% y/y
10:00 GMT: German ZEW survey for March, economic sentiment expected 43.5 from previous 45.1
10:00 GMT: Euro zone ZEW survey for March, economic sentiment expected 38.5 from previous 40.2
