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  • North American Edition2015-04-01 10:23 UTC

    The dollar popped higher before settling ahead of tomorrow's release of the March payrolls report. EUR-USD dove to 1.0718, just over 50 pips down on the intraday high before finding a toehold above yesterday's low at 1.0712. USD-JPY, meanwhile, steamed back above 120.00 after dipping to a low of 119.42 in Tokyo, and Cable fell to a 12-day low at 1.4739, despite above-forecast UK manufacturing PMI data. One of the more hawkish Fed members, George, ... Read More 

  • European Edition2015-04-01 06:41 UTC

    EUR-USD lifted to the upper 1.07s in pre-European trade in Asia, despite Fed hawk Lacker saying that there is a strong case for June hike, although there is no pre-set timetable, and from Fed's George, also a hawk, who said that it's time for the Fed to talk about rates lift-off. Grexit concerns also very much remain in the background. Overall, this backdrop should inhibit upside potential for EUR-USD. On the flipside, we neither don't feel too ... Read More 

  • Asian Edition2015-04-01 18:21 UTC

    The dollar tilted lower in N.Y. on Wednesday, as data misses weighed on the dollar, yields, and Wall Street. The ADP employment survey was light of expectations, as was the March manufacturing ISM, and construction spending. EUR-USD opened near 1.0840, and made its way to session highs of 1.0795 into the London close. USD-JPY meanwhile, slipped from over 120.20 to a base of 119.43. Resurgent oil prices, following an apparent halt in Iran nuclear ... Read More 

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