EUR/USD sits down at 1.5105 from a North American close Wednesday up around 1.5135, the move coming against the backdrop of heavy EUR/JPY selling overnight in Asia.
Euro zone data today:
German CPI for November (provisional) expected flat m/m, +0.5% y/y
08:30 GMT: Italian business confidence for November expected 78.0 from 77.1
09:00 GMT: Italian trade balance Non-EU for October expected +2350.0 mln
09:00 GMT: Euro zone M3 s.a for October expected +0.8% y/y, s.a (3m) +1.7%
European stocks set to open lower, following trend seen in Asia with risk aversion picking up a little. Oil off close to three quarters of a buck.
Option barriers seen at 1.5150 and then 1,5200, usual protection of said levels can be expected on any approach.
Initial support 1.5095, resistance 1.5140/50.
