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EUR jumps 24 pips

EURO

A jump in the EUR, but no new headline.

  • Italian IP saw a big beat, but lower revision, and very little spillovers into Govies or Equities, so looks unrelated
  • This looks more USD driven, with a small push higher in Cable also noted.
  • USD test low of the session against NOK, ZAR, PLN, CAD, EUR GBP and AUD.
  • MNI tech resistance in EURUSD comes at 1.1808 High Oct 6 and the intraday bull trigger

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