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Italian consumer confidence index weaker than expected

FXStreet (London) - Italian consumer confidence declined in November, defying consensus expectations on a strengthening of October’s figure.

The index came in at 100.2, down on the 101.2 October print and below expectations of a strengthening to 101.6.

EUR stages a strong rebound - UOB Group

The Market Strategy Team at UOB Group, note that EUR staged a strong rebound to 1.2486 yesterday after dipping towards 1.2400 levels.
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GBP/JPY recovers losses ahead of UK GDP

The Cable recovered losses against the Japanese Yen to trade near the 5-DMA level located at 185.14.
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