Not much from the G20

Ok so not much really went down at the G20 this weekend so looks like we’ll be still looking at the same range for now in the currencies.

USDJPY still trades in the tight range between 81.00 and 82.00.

Euro gained some support from better German IFO, but still looks range-bound.

UK growth has slowed sharply according to the FT in the third quarter. Some also believe that quantitative easing may happen in the coming months. Sterling looks more bearish than the Euro for now.

Aussie PPI came in better this morning at 1.3%, and pushed the Aussie up.

Data Today:

Euro zone Industrial orders – 9am GMT

US Chicago Fed national activity index

US existing home sales – 2pm GMT