EUR/USD is holding up well ahead of the euro zone GDP data due in about 15 mins. The market had earlier today been expecting a result in the -0.5% q/q, -5.1% y/y area. Obviously the release of better than expected French and German data will have raised expectations. Gotta think the market will now be looking for a quarter on quarter number with a plus sign infront of it. Sources report sell orders up at 1.4280/90, with buy stops gathering just above there.
EUR/USD holding up ahead of EZ growth data; sell orders, stops noted
Source: www.forexlive.com
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