ForexLive morning news wrap: Euro and pound give up a few gains as yen demand returns

Author: Mike Paterson | Category: News

Forex news for the European morning trading session 11 Oct 2017

News:

Data:
Another busy session that's seen traders take some money off the table as we wait on FOMC Minutes. Plenty of Brexit and Catalonia focus/rhetoric too.

  • EURUSD up to 1.1845 but ran into offers before falling to post 1.1795 then bouncing
  • EURGBP up to 0.8969 then back to 0.8949
  • EURJPY down to 132.45 after failing at 133.00
  • GBPUSD down to 1.3176 from 1.3211
  • GBPJPY down to 147.85 from 1248.50
  • USDJPY down to 112.18 from 112.50
  • AUDUSD still trapped 0.7780-00
  • USDCAD 1.2500-30
                                                 EURUSD 15m
  • Oil had an early rally before giving up some gains
  • Gold underpinned and up to $1291 from $1287
  • equities in positive territory with IBEX making solid gains
US JOLTS data at 14.00 GMT before we get what could still be day's main event from the Fed Minutes at 18.00 GMT