Bernanke is expected to hold a press conference today, a hint of a possible further monetary easing and expectations for a market recovery will give fuel to the latest market bull run.
10:00 Germany industrial orders.
18:30 U.S fed chairman speaks.
19:00 U.S consumer credit.
Euro – resistance is at 1.25 and 1.243, support at 1.235 and 1.216. Only a break of the 1.25 level will confirm a change in the long term down trend of the euro.