EUR/USD sits at 1.4575 little changed in Asian overnight trade, having closed out in North America around 1.4565.
The pairing will be garnering decent underpinning from talk of ongoing IMF buy interest, which is apparently being carried out through the BIS. Nice one Sean.
Talk of buy orders down at 1.4535/45, with some stops gathered just below 1.4535.
Technical supports 1.4540/45 and 1.4500/05, resistances 1.4580/85 and 1.4600/05.
European data due today pretty much second tier and unlikely to ellicit much of a response from forex market;
06:45 GMT: French industrial production July expected -13.0% y/y, manufacturing production expected +0.5% m/m, -14.4% y/y
06:45 GMT: French trade July expected -4.0 bln
08:00 GMT: Italian trade July
09:00 GMT: Italian Q-2 GDP (final) expected -0.5% q/q, -6.0% y/y
