Eurozone industrial production data sees a downside risk – TDS

FXStreet (Barcelona) - The TD Securities Team previews the Eurozone Industrial Production data release ahead, noting that risk for the data remains tilted to the downside.

Key Quotes

“Markets are looking for Eurozone IP to increase by 0.4% M/M in April, but after the softer numbers from France and Italy earlier this week, we think that the risks lie to the downside.”

EUR/JPY revisits previous session low

The common currency remains under pressure ahead of the European session, taking the EUR/JPY below the previous session’s low at 138.46 levels.
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