AUTOREFRESH 
EUR/USD sees quiet trade in Asia
By Gerry Davies || February 1, 2010 at 06:08 GMT
|| 3 comments || Add comment
EUR/USD sits at 1.3880 after a quiet trade in Asia, which saw price action confined to a narrow 1.3854-1.387 range.
Sell-off bottomed out when decent buy interest emerged just ahead of touted 1.3850 option interest. Talk of stops through 1.3845.
Euro zone data due today;
07:45 GMT: French producer prices for December expected +0.1% m/m, -3.0% y/y
08:45 GMT: Italian manufacturing PMI for January expected 51.2 from 50.8
08:50 GMT: French manufacturing PMI for January (final) expected 54.7
08:55 GMT: German manufacturing PMI for January (final) expected 53.4
09:00 GMT: Euro zone manufacturing PMI for January (final) expected 52.0
09:00 GMT: Italian hourly wages for December
European stocks look likely to open lower.
Bottom o’ the morn to ya Gerry, I trust all is well. I’ve be meaning to query the Davies oracle concerning the probability of a Tory “mandate.” The polls have been sorta all over the map, as I am sure you have noticed. Do you have any sense of the RSI for a decisive Tory victory as it were. Also, when do you think it is most likely Ole Browny will “call” the ‘lection- Per usual, have a smashing Monday- Thanks !
I remain Kprich
hmmmm slowly and steadily it is carving towards 1.3900, whats the next stop Gerry
eu will up to 1.3950 today