EUR/USD up at 1.3940 from a North American close Thursday down around 1.3920. General risk sentiment got a slight boost from news Moody’s may raise China’s debt rating and from strong Chinese retail sales data. This has helped lend EUR/USD some support after yesterday’s sell-off.
Euro zone data today:
06:00 GMT: German trade for August expected 11.5 bln from previous 13.5 bln; current account 7.0 bln from previous 9.0 bln
06:30 GMT: French Bank of France business sentiment for September
06;45 GMT: French central government balance for August
Not much there to get excited about and attention will be pretty much focused on the US jobs report due for release this afternoon.
