The German ZEW Economic Sentiment report will be released today at 10:00 a.m. GMT. The forecast is 48.7 and the actual report number must be higher than the forecast in order to affect the Euro in a positive direction.
The next major event for today is the Inflation Report Hearings in the UK. The report will be released at 10 a.m. GMT. The hearings are a few hours in length and can create market volatility for the duration.
Also today at 2:00 p.m. GMT, the TIC Long-Term Purchases report will be released in the US. This data represents the balance of domestic and foreign investment. The forecast is 77.3B and the actual report number must be higher than the forecast to have a positive impact over the US dollar.
