After dipping below 1.06, EUR/USD is recovering and awaiting news from the other side of the Atlantic. GDP is the main release, but also watch out for consumer confidence. GBP is suffering for no apparent reason, JPY rides on the news from Turkey and the Aussie looks strong ahead of Australian developments. Also CAD finds comfort in the Saudi initiative to tackle oil prices. Wrap up of the morning show:
EUR/USD recovering – all eyes on US GDP
