ECB’s Noyer: No problem buying govt bonds if rates rise, EZ suffers negative shocks

FXStreet (Bali) - ECB’s Noyer is crossing the wires, via Reuters, noting that he sees no problem buying govt bonds if rates rise, euro zone suffers negative shocks, adding that deflation in the euro zone is not a “credible risk”.

Nov 14, 2014

AUD/USD runs into wall of offers at 0.8760

After a further extension of an impressive 5-day bull run since last Friday's US NFP, the AUD/USD failed to absorb a cluster of offers circa 0.8760, with some notable profit-taking activity, considering the leg is counter-trend, also noted.

EZ GDP, US retail sales eyed - Westpac

According to Sean Callow, FX Strategist at Westpac, there is plenty of event risk for EUR in the advance Q4 Eurozone GDP estimate and US Oct retail sales being key too.