Forex: EUR/USD a tad higher around 1.3270 after Spanish data
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EUR/USD
FXstreet.com (Barcelona) - The euro is pointing higher on Friday despite the Spanish Industrial Output contracted 7.2% during November vs. -3.1% in the prior month. Previous data out of France showed that the Current Account registered a ¬2.9 deficit in November, matching October's print.
Next on tap in the euro docket will be a key Italian 10-yr bond auction, expected to follow the recent decline in yields.
EURUSD is now losing 0.03% at 1.3266 with the next support at 1.3170 (MA21d) followed by 1.3120 (MA200h) and then 1.3040 (Lower Bollinger).
On the flip side, a surpass of 1.3300 (high Jan.2) would open the door to 1.3308 (high Dec.19) and then 1.3368 (high Apr.3).
Next on tap in the euro docket will be a key Italian 10-yr bond auction, expected to follow the recent decline in yields.
EURUSD is now losing 0.03% at 1.3266 with the next support at 1.3170 (MA21d) followed by 1.3120 (MA200h) and then 1.3040 (Lower Bollinger).
On the flip side, a surpass of 1.3300 (high Jan.2) would open the door to 1.3308 (high Dec.19) and then 1.3368 (high Apr.3).
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