ForexLive European morning FX news wrap: Steady as she goes as another week gets underway

Forex news and economic trading headlines 29 August 2016

News:

• 
  

  EU Commission says it's ready to finalize TTIP by year end

  
  


• 
  

  Relax everyone, Yellen not up to the rostrum today after all

  
  


• 
  

  Germany's BGA expect Brexit to impact exports "massively" in the near future

  
  


• 
  

  Option expiries 10 am NY cut today 29 August

  
  


• Nikkei 225 closes up +2.30% at 16,737.49

Data:

• Italy consumer confidence index Aug 109.2 vs 110.3 exp


• Greece Q2 GDP final QQ +0.2% vs +0.3% exp

UK holiday today and it appears that European traders have taken the opportunity to have a breather too.

Yen-demand the main feature as USDJPY runs into resistance at 102.50 and traders take some short-JPY positions off the table after a decent run higher post-Jackson Hole.

More summary to follow.

ForexLive European morning FX news wrap: Steady as she goes as another week gets underway
ForexLive European morning FX news wrap: Steady as she goes as another week gets underway
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