Down at 1.3905 from a North American close Monday up around 1.3925.
Euro zone data due this morning:
06:00 GMT: German Gfk consumer confidence survey for November expected 5.1 from previous 5.2
06:45 GMT: French consumer confidence indicator for October expected 78 from previous 80
08:00 GMT: Italian retail sales for August expected -0.1% m/m, -2.3% y/y
09:00 GMT: Italian consumer confidence index for October expected 97.6 from previous 98.5
Asian sovereign bids seen down starting at 1.3850. Not sure where sell stops are at present, maybe through 1.3820 (yesterdays’ low.) Will try and get confirmation as morning progresses.
Sell orders clustered 1.3950/65, buy stops through 1.3970.
