EUR/USD sits at 1.3180, effectively unchanged from where North America closed out Thursday, with Asian trade seeing price action confined to a piffling 1.3176-1.3198 range.
Euro zone data due today:
06:45 GMT: French central bank govt balance for June
06:45 GMT: French trade balance for JUne expected -4.4 bln from -5.5 bln
08:00 GMT: Italian industrial production for June expected +0.7% m/m, +9.7% y/y
09:00 GMT: Italian Q2 GDP expected +0.4% q/q, +1.2% y/y
10:00 GMT: German industrial production for June expected +0.5% m/m, +11.6% y/y
European stocks expected to open firmer today; FTSE around +0.5%, DAX +0.4%, CAC +0.3%
Buy orders reported clustered down at 1.3100/20. Sell orders seen layered 1.3200 upto 1.3250.
