AceTraderFx: Intra-Day Market Moving News and Views

[AceTRaderForex]

AceTraderFx Oct 05: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
05 Oct 2018 03:00GMT

USD/JPY - 113.99.. Dlr pares yesterday's decline after falling from a near 11-month high of 114.55 ahead of Asian morning to as low as 113.64 in New York morning as decline in global stocks in reaction to surging U.S. yields (benchmark 10-year climbed to fresh 7-year high of 3.232%) spoofed investors n triggered broad-based safe-haven buying of yen, however, short covering in New York afternoon lifted the pair.

Dlr rose at on renewed yen-selling n climbed back to 114.09, suggesting 1st leg of correction from 114.55 has ended and sideways swings are in store until European open. Having said that, as Asian equity markets are in the red, further strong gain in the greenback is therefore not envisaged n price may well head lower towards 113.64 later.
Offers are tipped at 113.05/10 n more above with some stops above 114.25.
Bids are noted at 113.85/75 with stops below 113.50.

Today is the day where market awaits the release of the world's most important eco. data from the U.S., the NFP, traders will also focus on average wage growth data, however, as another Fed rate hike is priced in at December's FOMC meeting, even an upbeat payrolls may not give the greenback a strong rise, so beware of broad-based long liquidation in the greenback even after a strong number esp. vs the safe-haven Japanese yen.
We also have Fed's Kaplan and Fed's Bostic speaking shortly after New York midday.

 

[AceTRaderForex]

AceTraderFx Oct 08: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
08 Oct 2018 03:00GMT

USD/JPY - 113.87.. Dlr pares Fri's losses and edged higher to 113.94 in holiday-thinned Asian morning (financial markets in Japan are closed for Health- Sports Day holiday).

The pair briefly rose to 114.07 after initial knee-jerk reaction following release of downbeat U.S. payrolls data (but a large upward revision to previous month's figure), however, price quickly erased intra-day gain n fell on broad-based usd's strength n safe-haven yen buying due to weakness in U.S. stocks, dlr later hit session lows of 113.56 b4 staging a recovery in subdued New York session as traders unwound their position ahead of Mon's market holidays in the U.S. (Columbus Day) and Canada.

Although dlr's rebound from 113.56 suggests the 1st leg of correction from last Thurday's near 11-month peak at 114.55 has ended and choppy range trading is in store during Euroepan morning, as long as 114.05/10 holds, downside bias remains for stronger retracement towards 113.32 later today.
Offers are tipped at 113.95/05 with stops above 114.10, more stops are touted above 114.25.
Some bids are noted at 113.65-55 with stops below 113.50.

 

[AceTRaderForex]

AceTraderFx Oct 09: Intra-Day Market Moving News and Views -EUR/USD

Intra-Day Market Moving News and Views
09 Oct 2018 03:00GMT

EUR/USD - 1.1488.. Euro gains respite in subdued Asian morning after staging a rebound from Monday's 7-week trough of 1.1460 at North American open to 1.1499 in holiday-thinned afternoon session.

Despite tumbling at European open on Monday due to sharp jump in Italian bond yields where benchmark 10-year yield climbed nearly 20 basis points to a 4-1/2 year high of 3.60%, intra-day rebound in sterling lifted the euro in North American session, suggesting range trading is in store until European open.
Bids are noted at 1.1470-60 with stops reported below 1.1450.
Offers are tipped at 1.1495/05 with sops above there, however, there is talk of good selling interest near 1.1550.

Eco. calendar in the eruo area countries is pretty light today with German exports, imports and trade balance being the only data due out.

 

[AceTRaderForex]

AceTraderFx Oct 10: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
10 Oct 2018 03:00GMT

USD/JPY - 113.08.. Dlr swung from initial gain to losses in choppy trading on Tuesday.

Despite rising from 112.94 (Asia) to intra-day high of 113.39 in European morning, price later ratcheted lower on safe-haven yen buying and later hit session lows of 112.87 in New York afternoon due to broad-based usd's weakness on sharp retreat in U.S. yields where the benchmark 10-year yield fell from fresh 7-year highs of 3.2614% to 3.2025% (cira 3.2139%) b4 staging a recovery on short covering near the close.

Intra-day recovery due to cross unwinding in yen crosses suggests chopppy trading above Monday's 10-day trough at 112.83 would continue, however, yesterday's as well as intra-day broad-based usd's weakness vs other G7 currencies (also vs Asian counterparts) suggests downside bias remains for recent decline to head lower to 112.56 but reckon 112.17 (previous res, now sup) would contain weakness.
Offers are tipped at 113.25/35 with stops above 113.55.
Bids are noted at 112.90-80 with stops below there.

On the data front, U.S. will later release MBA mortgage application, September PPI, core PPI, Redbook sales, wholesale inventories n wholesale sales.
Also, Chicago Fed President Evans (non-voter) will be speaking at a business conference at 16:15GMT n at 21:00GMT, Atlanta Fed's Bostic (voter) will participate in a discussion at a business conference in Atlanta.

 

[AceTRaderForex]

AceTraderFx Oct 11: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
11 Oct 2018 03:30GMT

USD/JPY - 112.15.. Despite initial narrow move in Australian morning following o/n selloff to 112.26 in New York near the close as an 800-point plus drop in the Dow spooked investors to flock to safe-haven yen, then the Swiss franc as well as U.S. treasuries on risk aversion.
Price briefly weakened to 112.06 n then recovered to 112.31 in Asian morning but only to hit a 3-week trough of 111.97 as Asian equities fell 3% or more in reaction to o/n tumble in U.S. stocks (European equities also pummelled lower.

Yesterday's break of previous 112.83 sup (now res) confirms dlr's Medium Term rise from 2018 bottom at 104.57 (March) has made a temp. top at last Thursday's near 11-month peak at 114.55 and present falling U.S. yields (benchmark 10-year fell to a 1-week low of 3.146% after hitting a fresh 7-year high of 3.261% on Tuesday) suggests downside bias remains for further losses to towards next chart sup at 111.66.
Offers are tipped at 112.30/40 with stops above 112.60.
Some bids (bargain hunting bids by Japanese importers) are touted at 112.00-111.90 with stops below 111.60.

On the data front, pay attention to release of a slew key U.S. data : Sep CPI, core CPI, real weekly earnings n weekly jobless claims.

 

[AceTRaderForex]

AceTraderFx Oct 11: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
11 Oct 2018 03:00GMT

USD/JPY - 112.30.. Despite yesterday's resumption of recent erratic decline to a 3-week trough of 111.84 in New York afternoon after U.S. stocks erased initial gain following soft U.S. CPI and fell again, the greenback pared intra-day losses and rebounded in Tokyo morning as Asian stocks opened with minor gains (though N225 is currently down 0.5% at 22462), suggesting range trading above 111.84 with mild upside bias would be seen.

However, outlook remains mildly bearish for recent decline to resume after intra-day consolidation is over, therefore, selling dlr again on further rise is still favoured. Bids are noted at 112.00-111.90 with stops below 111.80 whilst offers are tipped at 112.50/55 with stops above 112.85.

T.G.I.F. after a tumultous week, U.S. will release import n export prices n then University of Michigan consumer confidence. Also, we have Chicago Fed President Evans (non-voter) speaking at 13:30GMT n then Atlanta Fed's Bostic (voter) at 15:45GMT.

 

[AceTRaderForex]

AceTraderFx Oct 15: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
15 Oct 2018 03:00GMT

USD/JPY - 112.15.. Dlr swings broadly sideways in directionless Asian trading on Monday. Despite staging a short-covering rebound to 112.50 in early European morning on Friday, price weakened to 111.88 at New York midday but recovered as U.S. stocks pared intra-day losses and recovered near the close.

As Asians stocks are in the red (N225 currently down over 1% at 22449) together with benchmark 10-year U.S. yield (cira 3.15%) trading well below its recent 7-year peak at 3.261%, suggesting downside bias remains for another round of safe-haven yen buying n yields re-test of last Thursday's 3-week low at 111.84 n stops below 111.66 sup are now in focus.
Offers are tipped at 112.30/40 n more above with stops above 112.55/60.
Some bids are noted at 111.90-80 with stops below there.

U.S. will release a slew of eco. data and pay attention to Sep retail sales at 12:30GMT together with New York Fed mfg index and later bus. inventories.

 

[AceTRaderForex]

AceTraderFx Oct 16: Intra-Day Market Moving News and Views -EUR/USD

Intra-Day Market Moving News and Views
16 Oct 2018 03:00GMT

EUR/USD - 1.1584.. Euro moves narrowly in subdued Asian morning after yesterday's rally from 1.1537 (New Zealand) to as high as 1.1606 in New York morning due to usd's weakness in Europe and soft U.S. retail sales data, however, price was unable to re-test last week's top at 1.1610 n retreated to 1.1574 in New York afternoon on profit taking.

Although range trading is in store ahead of European open, as yesterday's gain to 1.1606 suggests said pullback fm 1.1610 has ended, mild upside bias remains for last week's corrective rise from 1.1432 to head to 1.1625/29, however, loss of upward momentum is expected to cap price below 1.1651 res and yield decline later today.
Bids are noted at 1.1580/75 with stops below 1.1550 n more below 1.1535.
Offers are tipped at 1.1605/10 with stops reported above there.

The euro area countries will release a slew eco. data starting with Germany's import price index, Italy's indutrial orders and sales, pay attention to Germany's ZEW eco. sentiment and eco. conditions, then Italy's CPI, EU's trade balance, EU's ZRE eco. sentiment and Italy's trade balance. Germany's Finance Minister Scholz will speak at 11:00GMT.

 

[AceTRaderForex]

AceTraderFx Oct 18: Intra-Day Market Moving News and Views -EUR/USD

Intra-Day Market Moving News and Views
18 Oct 2018 03:30GMT

EUR/USD - 1.1501.. The single currency remains on the back foot in Asian morning after tumbling to a 1-week low of 1.1496 as release of hawkish Fed minutes of the Sept meeting triggered broad-based usd buying.

In fact, the single currency was already under selling pressure in European morning after meeting renewed selling at 1.1578, price then tumbled to 1.1521 short after New York open n intra-day decline continued in post-Fed minutes New York trading. Price edged marginally lower to 1.1494 in Asia and current weakness ahead of Asian lunch suggests market is still keen to test euro's downside.

Therefore, as decline from 1.1621 (Tue) to as low as 1.1494 today suggests euro's correction from last Tuesday's fresh 7-week bottom at 1.1432, re-test of this level is likely to be seen next week n selling euro again is the way to go.
Offers are tipped at 1.1520/30 with stops above 1.1550, some bids are noted at 1.1490-80 with stops reported below there.Also, there are some huge option expiring during New York morning, some notable ones at 1.1550 n 1.1450, so what this means upside is likely to falter below the upper one and downside would hold above the lower level.

On the eco. data front, the only data due out is Germany's wholesale price index. Also, today is the second of the 3-day EU summit meeting. ECB Preisent Draghi and Board member Coure will participate in the Euro Summit and ECB's Nowotny will speak in Vienna at 08:00GMT.

 

[AceTRaderForex]

AceTraderFx Oct 19: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
19 Oct 2018 03:00GMT

USD/JPY - 112.33.. Dlr pares yesterday's loss in early Asian trading due to buying by Japanese imports and then comments by FinMin Aso (see MMN).

As yesterday's decline from 112.73 to as low as 111.96 in New York afternoon due to renewed broad-based weakness in U.S. stocks and retreat in U.S. yields suggests early correction from Monday's 4-week bottom at 111.63 has ended and below said New York low would add credence to this view an yield re-test of 111.66.
Offers are tipped at 112.40/50 with stops above 112.75.
Some bids are noted at 112.10-00 with stops reported below 111.90 and more stops are touted below 111.60.

T.G.I.G., BOJ Gov. Kuroda will speak in Tokyo at a banking conference at 06:30GMT, on the U.S. data front, the only eco. data due out is existing home sales.
We also have Atlanta's Fed Bostic (voter) speaking at 16:00GMT, then followed by Dallas Fed President Kapan (non-voter) at 16:45GMT.

 

[AceTRaderForex]

AceTraderFx Oct 22: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
22 Oct 2018 03:30GMT

USD/JPY - 112.58.. Dlr rose steadily on Friday from 112.14 (AUS) to 112.65 in New York due to renewed cross-selling in yen as rebound in U.S. yields n marginal gain in U.S. equities boosted risk appetite.

Despite initial retreat to 112.35 in Asian morning on Monday as weakness in S&P futures and the Nikkie triggered a bout of yen buying, renewed buying emerged and lifted the pair ahead of Tokyo lunch break, suggesting upside bias remains for re-test of last week's 112.73 high (Thursday), break would extend corrective rise from October's 111.63 low towards 113.00.
Bids are noted at 112.35-30 with some stops below 112.25.
Offers are tipped at 112.65/70 with stops reported above 112.75.

U.S. eco. calendar is very light today with Chicago National Activity index for Sep being the only data due out, so traders are expected to take cue from intra-day movement in U.S. stocks.

 

[AceTRaderForex]

AceTraderFx Oct 23: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
23 Oct 2018 03:30GMT

USD/JPY - 112.63.. Dlr pares yesterday's gain after climbing to a a -11-day high of 112.89 in New York, however, price retreated in New York afternoon as U.S. stocks were in the red n the pair weakened marginally below New York low at 112.66 due to renewed safe-haven yen buying as Asian share are also in the red in Asian morning, suggesting sideways swings below 112.89 would continue.

Looking ahead, despite anticipated broad-based strength usd's strength, if global equities weaken again, then the pair would come under selling pressure due to buying of yen on risk aversion, a break of yesterday's 112.35 low would be the 1st signal early correction from October's 111.63 low has ended, then risk would shift to the downside for subsequent weakness towards 111.96.
Offers are tipped at 111.80/90 with stops above 113.00.
Some bids are noted at 112.55/50 with stops below 112.30.

On the eco. data, the only data due out from the U.S. is Redbook sales n Richmond Fed mfg index.
However, for Fed watchers, we have Minneapolis Fed's Presient Kashari (non-voter) speaking at 13:30GMT, then Atlanta's Fed President Bostic (voter) speaking at 16:30GMT n then Dallas Fed's Kaplan at 18:15GMT.

 

[AceTRaderForex]

AceTraderFx Oct 24: Intra-Day Market Moving News and Views -EUR/USD

Intra-Day Market Moving News and Views
24 Oct 2018 03:30GMT

EUR/USD - 1.1464.. Euro moves narrowly in subdued Asian morning after yesterday's choppy swings n further range trading is expected until European open.

Despite yesterday's resumption of decline from Monday's 1.1550 high to 1.1439 at European open, price rebounded to 1.1486 as retreat in Italian bond yields triggered short covering.
Although euro fell back to 1.1450 after the EU Commission rejected Italy's contentious 2019 budget as expected, intra-day usd's weakness due to selloff in U.S. stocks at the open sent price hitting session highs of 1.1494, however, price quickly retreated as the Dow erased initial steep losses and rebounded strongly.

As long as 1.1494 holds, consolidation with downside bias remains for re-test of Oct's bottom at 1.1432 and stops below 1.1430 are in focus.
Offers are tipped at 1.1480/90 with stops above 1.1500, some bids are noted at 1.1450 with fairly large stops touted below 1.1430.

On the data front, today is PMI day in the euro area countries, France will kick off with bus. climate, Markit mfg and services PMIs, then the same PMIs from Germany n the EU, Italy will release trade balance.

 

[AceTRaderForex]

AceTraderFx Oct 25: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
25 Oct 2018 03:30GMT

USD/JPY - 112.10.. Dlr finally stages a recovery on short covering after yesterday's selloff which started in New York open at 112.74 to as low as 112.10 in New York afternoon as a near 2.5% drop in the Dow triggered safe-haven yen buying and knocked the benchmark U.S. 10-year yield to a 2-week low of 3.094% (currently 3.111%).

Having said that, dlr's intra-day break of Tuesday's 111.95 low signals early correction from October's 4-week trough at 111.63 has ended at 112.89 (Monday) and recent decline would head to next daily obj. at 111.12 and if global stocks continue their recent losing streak in the coming days, then re-test of September's bottom at 110.38 is in the cards. Therefore, selling dlr on present recovery for re-test of 111.63 1st is recommending.
Offers are tipped at 112.20/30 with stops above 112.75 whilst some bids are noted at 111.85/80 with stops reported below 111.60.

U.S. will release a slew of eco. data starting with weekly jobless claims, durable goods order, trade balance, wholesale inventories, pending home sales and Kansas City Fed mfg index. We also Fed's Vice Chairman Clarida speaking in Washington D.C. near New York midday.

 

[AceTRaderForex]

AceTraderFx Oct 26: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
26 Oct 2018 03:30GMT

USD/JPY - 112.29.. Trading the pair proved to be 'tricky' this week as price has swung wildly in last 4 consecutive sessions. Despite initial gain to an 11-day high of 112.89 on Monday, price ratcheted lower to 111.82 initially yesterday in Asia due to selloff in global stocks, however, broad-based recovery in Asian and U.S. equities in Thursday's session boosted short-term risk appetite and lifted price to 112.67 in New York afternoon.

Dlr's intra-day retreat to 112.28 at Tokyo open due to renewed safe-haven yen buying on later retreat in U.S. stocks towards the close and present weakness in the S&P 500 mini futures suggests we're not out of the woods as risk remains. Therefore, dlr is expected to continue to 'gyrate' inside recent established 111.63-112.89 broad range n traders will take cur from intra-day swings in global stocks.
Offers are tipped at 112.50/60 n more above with stops reported above 112.90.
Bids are noted at 112.20/20 are with stops below 111.80 n there is market chatter of fairly large stops below 111.50.

Alhtough it is T.G.I.F. for Asian traders, Euroepan and N. American players have to pay attention to release of key U.S. advance Q3 GDP, PCE and core PCE at 12:30GMT n then University of Michigan consumer confidence.
If Q3 GDP comes in weaker than street forecast of 3.3% (prev. at 4.2%), then U.S. stocks would come under another boot of bashing, then dlr/yen will..... (you should know which way the pair is headed to, if not, just follow our intra-day usd/yen strategy !).

 

[AceTRaderForex]

AceTraderFx Oct 29: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
29 Oct 2018 03:30GMT

USD/JPY - 111.83.. Dlr moves narrowly in subdued Asian morning after rebounding from Friday's 5-week bottom of 111.38 to 112.09 in hectic New York trading.

Despite Friday's resumption of last week's decline due to renewed weakness in global stocks, intra-day brief recovery in U.S. stocks triggered active cross-unwinding in recent long yen positions and lifted the pair to 112.09 before retreating as U.S. equities relinguished its short-lived gains (the Dow closed down just over 1% at 24688).

U.S. S&P 500 mini futures are largely flat in Asia whilst Asian stocks are mixed (N225 up 0.5% but Chinese stocks are in the red), suggesting range trading is the order of the day.
Bids are noted at 111.70-60 with stops below 111.30, offers are tipped at 112.05/10 with stop above 112.20.

U.S. will release important Fed's preferred inflation gauge, the personal consumption expenditure for September core PCE, personal income n then Dallas Fed mfg business index. Also, we have Chicago Fed President Evans (non-voter) making opening remarks an event at 13:45GMT in Chicago.

 

[AceTRaderForex]

AceTraderFx Oct 30: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
30 Oct 2018 03:30GMT

USD/JPY - 112.65.. Despite dlr's retreat from Monday's high of 112.56 to 112.19 in New York due to renewed weakness in the Dow after Bloomberg reported (see early update for details) Trump would impose another round of tariffs on China if his meeting with China's Xi in December fail to resolve the trade war, the pair regained traction in Asian morning as intra-day recovery in the Nikkie and Chinese stocks has triggered another bout of yen selling, suggesting near term upmove from Friday's 5-week low at 111.38 may head towards last week's high at 112.89 before prospect of another fall.

Having said that, as dlr's said rebound from 111.38 is seen as a correction of decline from October's 114.55 peak, reckon upside would falter well below 113.00 and yield decline later this week.
For now, bids are noted at 112.30-20 with stops below 112.00. Offers are tipped at 112.75/85 with stops above 113.00.

On the eco. front, U.S. will release Redbook sales, CaseShiller home price and consumer confidence. Also, the BoJ starts its 2-day monetary policy meeting today.

 

[AceTRaderForex]

AceTraderFx Oct 31: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
31 Oct 2018 03:00GMT

USD/JPY - 113.21.. The greenback met renewed buying ahead of Tokyo open yesterday at 112.31 and climbed steadily in Asia as rebound in the Nikkei and Chinese stocks boosted risk sentiment. Price later rallied to a near 3-week high of 113.09 in New York after upbeat U.S. data as well gain in U.S. equities and rising Treasury yields, the pair met another boot of buying in Australia and hit a 3-week top of 113.33 in Asia due to broad-based gain in Asian equities.

Yesterday's close above last week's 112.89 high bodes well for dlr to continue early upmove from Friday's 5-week low at 111.38 as such price action strongly suggests correction from October's near 11-month peak at 114.55 has ended, therefore, buying dlr on dips is recommended especially after the dlr's index rise to a 16-month high on Tuesday.
Bids are noted at 113.05/00 n more below with stops below 112.65.
Offers are tipped at 113.35/40 with some stops touted above there.

The BoJ will end its 2-day monetary meeting n will make its rate decision n policy statement which usually comes during Tokyo lunch session, as usual, market does not expect the Central bank to do anything due to Japan's inflation remains anchored well below BoJ's 2% inflation target n today's very downbeat Japan's industrial production data suggests BoJ Gov. Kuroda will continue to sound dovish at his post-BoJ press conference at 06:30GMT.
Today is the final trading day in Oct and U.S. will release MBA Mortgage applications, then key ADP private payrolls, Chicago PMI.

 

[AceTRaderForex]

AceTraderFx Nov 01: Intra-Day Market Moving News and Views -USD/JPY

Intra-Day Market Moving News and Views
01 Nov 2018 03:30GMT

USD/JPY - 112.92.. Despite dlr's resumption of near term upmove from Friday's 5-week trough at 111.38 to 113.33 initially at Tokyo open on Wed, then marginal gain to 113.39 at New York open on robust U.S. ADP private payrolls, profit taking emerged and price fell back to 112.81 near New York close.

The pair remained on the back foot in Australia today and briefly fell to 112.72 in Asian morning due to broad-based usd's retreat triggered by intra-day jump in cable (see early updates for details), however, renewed buying soon emerged and lifted price to 112.95.

As dlr's said strong rise from 111.38 to 113.39 signals recent decline from October's 114.55 peak has ended there, trading the pair from long side is recommended.
Bids are noted at 112.75-70 with stops reported below 112.55.
Offers are tipped at 113.10/20 with stops above 113.40.

Ahead of Friday's key U.S. jobs data, U.S. will release initial weekly jobless claims, labor and productivity costs.
Markit mfg PMI, construction spending and ISM mfg PMI.

 

[AceTRaderForex]

AceTraderFx Nov 02: Intra-Day Market Moving News and Views - EUR/USD

Intra-Day Market Moving News and Views
02 Nov 2018 03:30GMT

EUR/USD - 1.1396.. Euro pares yesterday's rally from 1.1308 (AUS) to as high as 1.1424 in New York due to broad-based usd's weakness on active liquidation of long positions as well as cutting of euro shorts too.

Looks range trading below 1.1424 would continue until European open, however, as the rebound from Wednesday's 2-/2 month trough at 1.1303 suggests recent decline has made a low there, steep fall even if U.S. payrolls number is upbeat is unlikely to be seen, so one can turn long on dips. On the upside, if euro is able to penetrate previous strong res at 1.1432, then outlook would turn bullish for stronger retracement towards 1.1477, and later 1.1494.
Offers are tipped at 1.1420/30 with stops touted above 1.1435.
Bids are noted at 1.1380-70 with stops below 1.1360.

Ahead of key U.S. jobs data, the euro area countries will release a slew of eco. data starting with Germany's import price, France's budget balance, Italy's Markit mfg PMI, then the same from France, Germany and the EU - this means it's PMI day in the EZ.