Latest Spanish data just out from the economics ministry 20 May 2016
- NSA industrial orders yy -5.4%
- WDA -2.5%
- services sector sales yy +4.2% vs +3.4% prev
- services sector employment +2.4% yy
Definitely some better news out from Spain this year.
Meanwhile EURUSD up to 1.1225 looking to test offers/res at 1.1230 again but EURJPY capped by 123.80 offers too. EURGBP on a charge though and sending GBPUSD down to 1.4553 in a hurry before running into fresh demand.