Brazil IPCA Inflation below expectations (0.35%) in November: Actual (0.28%)

Dec 8, 2017

FX option expiries for Dec 8 NY cut

- EUR/USD: $1.1500(E1.03bn), $1.1600(E324mn), $1.1640(E614mn), $1.1680(E744mn), $1.1700(E693mn), $1.1750(E4539mn), $1.1800(E2.37bn), $1.1825(E1.26bn),

EUR/USD struggling near 2-1/2 week lows, below mid-1.1700s ahead of NFP

• Notable USD demand continues to prompt fresh selling. • Technical selling aggravates the downward pressure. • Investors keenly await