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Flash: EUR/USD eyes on EZ GDP - Danske Bank

FXStreet (Barcelona) - Kasper Kirkegaard, Chief Analyst at Danske Bank notes that the FX markets will focus on the euro-zone GDP numbers today.

Key Quotes

“Our forecast is in the high end of expectations and there might be further support to the euro today. “

“Yesterday, EUR/USD got some support after an ECB report showed that long-term expectations are still close to 2.0%, as the Emerging Market crisis once again came in the limelight, and as US retail weighed on USD.”

Flash: USD/JPY stalling at the 20 day ma - Commerzbank

Karen Jones, Head of Technical Analysis at Commerzbank notes that USD/JPY has eased back from the 20 day ma, this is currently located at 102.55, and we would allow for some near term slippage.
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