EUR/USD up at 1.2703 from North American close Tuesday down around 1.2675. General risk sentiment has seen a little improvement in wake of decent Australian (Q2 GDP) and Chinese (August PMI) data.
Euro zone data due today:
06:00 GMT: German retail sales for July expected +0.5% m/m, +1.2% y/y
07;45 GMT: Italian manufacturing PMI for August expected 65.8 from previous 66.9
07:50 GMT: French manufacturing PMI for August (final) expected 54.7
07:55 GMT: German manufacturing PMI for August (final) expected 58.2
08:00 GMT: Euro Zone manufacturing PMI for August (final) expected 55.0
08:00 GMT: Italian hourly wages for July
Talk buy orders clustered down at 1.2650/60 and again at 1.2600/20. Stops below there. Sell orders noted up at 1.2730/50. Not sure where buy stops gathered.
