ECB President Mario Draghi left rates unchanged and expressed a lot of confidence in the press conference. In a last moment statement, Draghi also left the door open for an ECB contribution to Greece. Unfortunately for Greece, it first has to comply with the troika’s demands and pass harsh austerity legislation, before it is awarded any help.

In the US, Unemployment Claims, The number of individuals who filed for unemployment insurance over the last week, is due to rise up from 367K to 390K.

In the US, Ben Bernanke, Federal Reserve Chairman, is due to testify in Washington DC.

Here’s an update on technicals, fundamentals and what’s going on in the markets.

In the US, Producer Price Index (PPI); primary sign of consumer inflation that value the producer’s price change of finished goods and services, deduction is expected from 0.3% on December down to 0.1%. Meanwhile no change is predicted in the Core PPI (not including food and energy) and 0.1% on this month as well.

In the US, Unemployment Claims, important indicator to value the unemployed that are looking for jobs over the last month, rise of 1K is predicted up to 373K.

In the US, John Williams, Federal Reserve Bank of San Francisco President, is about to speak in Vancouver.

In the US, Dennis Lockhart, Federal Reserve Bank of Atlanta President, is about to speak in Atlanta.

Troubles in Unicredit, rumors about issues at Deutsche Bank and the anticipation for a downgrade of France all weigh on the euro, in addition to weak economic figures from all over the continent. Is Draghi ready for QE? On the other side of the Atlantic, the US continues seeing growth in jobs and a drop in unemployment. The IMF has doubts about Greece’s ability to avoid default, and a German politician talks about a need for a bigger haircut. This doesn’t bode well for the euro. The euro was trading in calm waters until Fitch said that the euro-zone is facing a “cataclysmic” collapse if the ECB doesn’t intervene. Positive comments from Merkel regarding the ESM helped. Also a downwards revision of the euro-zone GDP weakened the common currency. All eyes are now on the ECB – see a preview of the highly anticipated decision.

In the US, Unemployment Claims, measures the unemployment insurance that was filed on the last month, predicted to rise by 8K up to 389K