German wholesale price index rose more that estimates, French industrial production unexpectedly slowed in June when Italian CPI rose nearly in line with expectation. In the UK, Trade deficit widened more than analysts estimates while Producer Price Index Output rose 10.2 percent from a year earlier suggesting inflationary pressures has still way to be moderated.
There is no significant economic data from the U.S. today, but Housing Starts in Canada could affect dollar. I decided to hold my positions, both EURUSD and GBPUSD which are in profit right now. Heading toward Tuesday's UK CPI, I would be prepared to increase the size in appropriate technical conditions. (
plan of the trade)
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