Italy trade balance non-EU EUR+2.59bln vs +3.5bln prev

Well that's the session's data out the way!

EURUSD posting new session lows of 1.0962 as the earlier rally runs of steam with the euro lower generally. 1.0963 is the 50% retracement of the rally from 1.0461-1.1465.

Option expiry at 1.1000 getting further away to have impact but these are thin markets so we can't rule anything out today

EURGBP also under pressure at 0.7075 from 0.7100 earlier giving a bid to cable below 1.5500

EURJPY 133.39 near session lows

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