Major pairs and crosses are stuck inside yesterday's range so far, as consolidative trading continues. Euro appears to be lifted slightly by ECB's press conference but there is no follow through buying. Dollar also looks just a touch weaker after worse than expected Q3 GDP data. Overall, commodity currencies are the softer ones, with eyes on broader risk sentiment. Technically, Euro would be back in focus for the rest of the week. In particular, break of 1.1668 minor resistance in EUR/USD will resume the rebound from 1.1523. Break of 0.8467 minor resistance in EUR/GBP will suggest short term bottoming at 0.8401. Similarly, break of 1.5598 minor resistance in EUR/AUD will also indicate short term bottoming at 1.5393. Break of all these levels will indicate that Euro is at least staging a broad based near term rebound. In Europe, at the time of writing, FTSE is down -0.30%. DAX is down -0.42%. CAC is up 0.39%. Germany 10-year yield is up 0.064 at -0.112. Earlier in Asia, Nikkei dropped -0.96%. Hong Kong HSI dropped -0.28%. China Shanghai SSE dropped -0.28%. Japan 10-year JGB yield dropped -0.010 to 0.088. | 