ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next ...Middle East

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ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next
Headlines:USD/JPY continues run higher to touch 151.00 on the dayUSDJPY Technical Analysis – The chances for a rate hike dwindleHeads up: French government set to face no confidence vote todayECB's Vujčić: I don't think December decision will be that difficultECB's Rehn: I see policy easing continuing in the coming monthsBOE governor Bailey expects four rate cuts next year if economic outlook stays the courseEurozone October PPI +0.4% vs +0.4% m/m expectedEurozone November final services PMI 49.5 vs 49.2 prelimUK September final services PMI 50.8 vs 50.0 prelimUS MBA mortgage applications w.e. 29 November +2.8% vs +6.3% priorOECD raises global growth outlook for next year but warns of protec

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