Economic calendar (GMT0):
(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)
00:30 Australia ANZ Job Advertisements (MoM) February 1.3% 0.9%
05:00 Japan Eco Watchers Survey: Current February 45.6 46.7 50.1
05:00 Japan Eco Watchers Survey: Outlook February 50.0 53.2
07:00 Germany Trade Balance January 21.6 Revised From 21.8 22.3 19.7
09:30 Eurozone Sentix Investor Confidence March 12.4 15.0 18.6
10:00 Eurozone Eurogroup Meetings
12:15 Canada Housing Starts February 187 191 156
The U.S. dollar traded mixed against the most major currencies. There will be released no major U.S. economic reports on Monday.
The greenback remained supported by Friday's labour market data. The U.S. economy added 295,000 jobs in February, exceeding expectations for a rise of 241,000 jobs, after a gain of 239,000 jobs in January. J
The U.S. unemployment rate fell to 5.5% in February from 5.7% in January, beating forecast of a decline to 5.6%. That was lowest level since May 2008.
Investors expect that the Fed might start to raise its interest rate sooner than expected.
The euro traded mixed against the U.S. dollar after the mixed economic data from the Eurozone. The Sentix investor confidence index for the Eurozone rose to 18.6 in March from 12.4 in February, exceeding expectations for an increase to 15.0.That was the highest level since August 2007.
The index benefited from a weaker euro, lower oil prices and quantitative easing.
Germany's trade surplus narrowed to €19.7 billion in January from €21.6 billion in December, missing expectations for a rise to €22.3 billion. December's figure was revised down from a surplus of €21.8 billion.
The Eurogroup of euro zone finance ministers will discuss proposed Greek economic reforms.
The British pound traded higher against the U.S. dollar in the absence of any major economic reports in the U.K.
The Canadian dollar traded mixed against the U.S. dollar after the weaker-than-expected Canadian housing starts data. Housing starts in Canada decreased to a seasonally adjusted annualized rate of 156,276 units in February from a revised reading of 187,025 units in January. January's figure revised down from 187,276 units. Analysts had expected an increase to 191,000 units.
EUR/USD: the currency pair traded mixed
GBP/USD: the currency pair rose to $1.5111
USD/JPY: the currency pair increased to Y121.06