We forget about Friday’s trading session and just start the weekend now. Personally I’ve had more than enough for this week!!
Another volatile session and my head’s going to explode.
Anyways just for good orders sake, EUR/USD trading touch firmer at 1.4165 from North American close Thursday down around 1.4140. Dollar touch weaker as S&P places US rating on credit watch negative, saying chances of US downgrade in next 90 days have risen considerably.
Euro zone data due today:
06:00 GMT: EU 25 new car registrations for June
08:00 GMT: Italian trade for May
08:00 GMT: Euro zone trade for May expected -3.2 bln
16:00 GMT: Bank stress test summary released
Sell stops seen through 1.4130 and 1.4100. Sell orders clustered 1.4200 and more around 1.4220.