Thanksgiving Day in the U.S. influenced FX markets yesterday. Thuersday was quiet practcally without any important macro data. The euro moved between 1.1902 and 1.1932.
This mornig the EUR/USD stays at around 1.1937 and should remain in a range of 1.1870 and 1.1970. European confidence indexes should be released today, but we do not expect any significant impact ox FX markets.
CSOB, Investment Research