EUR/USD sits at 1.3600, unchanged from where it closed out Tuesday in North America, with Asian trade confined to very narrow 1.3588-1.3613 range.
Euro zone data due today:
07:00 GMT: German trade for January expected 14.5 bln, current account 15.0 bln
07:00 GMT: German CPI for February (final) expected +0.2% m/m, +0.4% y/y
07:45 GMT: French industrial production expected +0.1% m/m, +1.7% y/y manufacturing production +0.2% m/m
09:00 GMT: Italian industrial production expected +0.7% m/m, -3.7% y/y
10:00 GMT: Italian Q4 GDP (final) expected -0.2% q/q, -2.8% y/y
Would expect to see renewed sovereign buy interest emerge on any dips to 1.3550. Stops seen through 1.3525. Stops on topside through 1.3630.