Forex trading news and economic data headlines 25 October 2016
Would you notice if I copied my wrap text from yesterday? 😉
26 pips is the range today on EURUSD. By comparison, this time yesterday was a cracker at 35 pips. Bonzer news from Germany’s IFO survey of businesses was worth a handful of pips. Spanish PPI smelt inflationary but even that couldn’t rouse the euro. Italian industrial orders jumped a huge 15.9% y/y to the highest since 2011 but still you could have heard a gnat fart in FX. Maybe we need another off the cuff Bloomberg headline to get things going.
Forexlive European FX news wrap: Stop me if you’ve heard this one before
