Not too much change overnight in Asia, EUR/USD down at 1.4720 from a North American close Thursday around 1.4735.
General risk appetite is looking a little jaded, with Asian stocks posting losses. Shanghai stock index currently down close to 1.5%.
European data today:
06:00 GMT: German PPI for August expected +0.2%, -7.2% y/y
06:45 GMT: French wages Q-2 (final) expected +0.4% q/q
08:00 GMT: Italian industrial orders for July expected +0.4%, -30.2% y/y
08:00 GMT: Euro zone current account July expected -4.3 bln
Pretty much second tier fodder and unlikely to ellicit much of a market reaction.
Support 1.4690/00, resistance 1.4745/50.
Would think there are probably decent sell stops gathering not far below 1.4690, although no confirmation of such as yet.
Barrier option interest touted up at 1.4775 and 1.4800.
