Becalmed
- EUR: Apart from the German ZEW index, little to really excite today. German and French CPI early tomorrow.
- GBP: Jobs data tomorrow will be the main focus – the suspicion is that the evident strength apparent this year may be fading. Still, cable has a remarkable bid tone. See how to trade the UK employment data with GBPUSD.
- USD: Not much out today other than trade figures. Market awaits FOMC outcome tomorrow (see the preview here), Fed likely to announce more asset purchases to coincide with expiration of Operation Twist. Some hints that the two sides in the fiscal cliff debate are moving nearer to a deal.
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