EZ gave mixed data at key timings - BBH

FXStreet (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman noted the mixed outcomes of the last of this weeks European market data today while we entering a key timing in the FX space.

Key Quotes:

"Data out of Europe today was mixed”.

“Germany reported November GfK consumer confidence at 8.5 vs. 8.0 consensus and 8.3 in October”.

“Italy reported August retail sales at -3.1% y/y, considerably worse than the -1.7% reported in July."