EUR/USD sits at 1.4292, little changed from where we closed out Monday in North America. Overnight trade in Asia has been confined to a narrow 1.4267-1.4300 range.
Euro zone data due today:
07:00 GMT: German GfK consumer confidence, expected 3.5 from previous 3.7
07;45 GMT: French producer prices for November expected +0.1% m/m
09:00 GMT: Italian trade balance non-EU for November
09:00 GMT: Italian hourly wages, expected +0.1% m/m, +3.2% y/y
Talk of option barrier interest down at 1.4250. Buy orders just ahead of there at 1.4250/60. Stops seen through 1.4250.
More buy orders down at 1.4200/10 with stops through 1.4190.
European stocks seen opening firmer.
