Another quiet day on the global agenda. FOMC minutes tonight might beinteresting given the upward adjustment to the Fed rate projections at the Marchmeeting. This was also when the 6.5% threshold was skipped. Fed members are likelyto express continued optimism about the US economy and see weakness in Q1 astemporary as reflected in the FOMC statement.
German trade balance for February may show some softness in exports, as both theUS and emerging markets have been weak in early 2014..
More ECB members are on tap today with Lautenschläger speaking at 11:30 CET andCosta and Coeuré both speaking at 16:00 CET.
In Sweden Riksbanken will most likely keep its leading interest rate unchangedbut a rate cut cannot be ruled out completely
Read the full report: FX Daily
Danske Bank