Bank of France industry business sentiment index has come in at 81 in May, up from 75 in April, and better than the median forecast of 77. The Bank of France has revised up slightly it’s forecast for the Q-2, from -0.6% to 0.5%. EUR/USD is on something of a tear, presently up at 1.3920. Technical resistance now at 1.3935/40. Sources report good EUR/USD buying interest coming out of Asia.
Bank of France business sentiment stronger than expected
Source: www.forexlive.com
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