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Today economic data and events are less, however risk associated is high.
Upcoming -
- Japan - All industry activity index is scheduled at 4:30 GMT. Bank of Japan's Deputy Governor Nakaso would be giving speech around 3:00 GMT.
- Germany - German IFO business climate is scheduled at 8:00 GMT. Improved number could provide boost to Euro. Business climate was 107.9, current assessment 112 and expectation 103.9 as of prior.
- Euro zone - Euro group finance ministers will hold meetings at Riga, Latvia to resolve the crisis. Event of the day.
- India - RBI will publish FX reserve details, which as of latest stands at $340.41 billion. Improved reserve might provide support to ailing INR, in recent trades.
- US - Durable goods orders will be published at 12:30 GMT. Worsening of data would exacerbate selloff in dollar. In February, durable goods dropped -1.4%, today growth of 0.6% is expected for March.
- Canada - Governor Poloz will be giving speech around 14:30 GMT.
