EUR/USD sits at 1.3380, marginally easier from a North American close Tuesday up around 1.3400 with Asian trade seeing price action restricted to a conservative 1.3374-1.3408 range.
Euro zone data due today:
07;45 GMT: Italian services PMI for March expected 52.0 from 50.8
07;50 GMT; French services PMI for March (final) expected 53.0
07;55 GMT: German services PMI for March (final) expected 54.7
08:00 GMT: Euro zone services PMI for March (final) expected 53.7; composite 55.5
09;00 GMT: Euro zone Q4 GDP (final) expected +0.1% q/q, -2.1% y/y
09:00 GMT: Euro zone PPI for February expected +0.2% m/m, -0.4% y/y
10:00 GMT: German factory orders for February expected -0.9% m/m, +21.7% y/y.
Talk of buy orders down at 1.3350/60 which managed to provide support yesterday. Probably stops placed close below, say through 1.3340. Need confirmation of the latter. .
