European Final Services PMI in July which measures the level of a diffusion index based on surveys by purchasing managers' in the services industry, was released a 51.6; a little better than expected 51.4.
Euro/Dollar dropped down to 1.4169 from yesterday's 1.4254. Perhaps the result of a positive vote on the debt plan, but the Euro fought back and flew sky high is today's trading session. The pair surged over 100 pips from 1.4169 to 1.4277; marking a session high. The Euro seems to have a positive attitude for the time being.
European retail sales are coming up. Economists expect EU retail sales to improve by 0.5%.
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