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Tuesday, July 30, 2024

European Markets Wrap-Up: France Q2 preliminary GDP +0.3% vs +0.2% q/q expected

France Q2 preliminary GDP +0.3% vs +0.2% q/q expected

Prior +0.2%; revised to +0.3% The French economy continues to hold up in Q2, keeping a more resilient tone. Here is the breakdown:... 

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USD/JPY creeps a little higher on the day

USD/JPY hourly chart Once again, there's not much in it as the pair continues to stay a little swingy awaiting the BOJ and Fed meetings tomorrow. But looking at price action, the near-term chart shows... 

FX option expiries for 30 July 10am New York cut

There are a couple to take note of, as highlighted in bold . The first one being for USD/JPY at the 155.00 mark. It's a key area where offers are also lined up, so the expiries will add to a bit of re... 

FX keeps the calm ahead of busy calendar day in Europe

The dollar held a touch firmer to start the new week but is keeping little changed overall today. It's still early of course but in Europe, the euro will be in focus amid a host of data releases to co... 

Heads up: Germany states' CPI readings due later today

Germany CPI year-on-year (%) It will be a busy one on the economic calendar today in Europe. The preliminary Q2 GDP numbers will be key ones to watch but I would wager the inflation numbers from Germa... 

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FX option expiries for 30 July 10am New York cut

There are a couple to take note of, as highlighted in bold . The first one being for USD/JPY at the 155.00 mark. It's a key area where offers are also lined up, so the expiries will add to a bit of re... 

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