EUR/USD has extended its’ sell-off during the Asian session, but not by too much, down at 1.3755 from North American close Tuesday around 1.3775.
We’ve been as low as 1.3741, with the pairing garnering some support from Swiss name buying below 1.3750.
Not much, if anything, in the euro zone data cupboard today:
10:00 GMT: Euro zone PPI for January expected +1.0% m/m, +5.6% y/y
European stocks set for rocky start as risk aversion picks up, FTSE and DAX seen off around 1%.
Buy orders clustered 1.3710/25, sell stops through 1.3700. Sell orders 1.3800/20 and more around 1.3850. Buy stops remain gathered in 1.3865/75 area.
