Forex Consulting

France official 2017 GDP forecast remains at 1.7%

French budget minister Darmanin out in Les Echos 15 Nov – dept being cautious, could have raised it to 1.8% – all is done for budget deficit to be brought back below 3% threshold at 2.9% Meanwhile EURUSD still perky but tightly bound at 1.1793. EURGBP failed at 0.8980 and now 0.8962 near session lows and…

Forex Consulting

Nikkei 225 closes down -1.57% at 22,028.32

Another soggy day for Japanese equities  15 Nov – high 22305.24 – low  22004.79 – Topix down -1.96% at 1744.01 – USDJPY 113.21 from 113.04 lows after following Nikkei down from 113.50 Expect demand/support to continue at 113.00 and more into 112.80. Offers/res now 113.30, 113.50-60 with larger at 80 and 114.00 still. Copyright 2015 Forexlive.com

Forex Consulting

Economic data coming up in the European session

Economic data/event risk coming up in this session 15 Nov Greetings one and all Data wise it’s another busy one that has UK wages/jobs catching the eye this morning hot on the heels of yesterday’s inflation report, then US CPI, retail sales and NY Empire State mftg at 13.30 GMT Copyright 2015 Forexlive.com