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  • North American Edition2016-05-03 10:55 UTC

    EUR-USD settled in the upper-1.15s after logging a nine-month peak at 1.1616. Good selling interest was reported above the figure. The shared currency has, overall, been underpinned by yesterday's upward revision in final Eurozone April manufacturing PMI and last week's solid +0.6% q/q Q1 Eurozone growth data. This is now the seventh consecutive session that EUR-USD has gained. The euro also edged out fresh highs versus the pound, too, although weathering ... Read More 

  • European Edition2016-05-03 07:24 UTC

    The dollar has weakened for a seven straight day against the euro, with EUR-USD logging a nine-month peak of 1.1560. The euro has also edged out fresh highs against sterling and the Swiss franc, underpinned by yesterday's upward revision in final Eurozone April manufacturing PMI and last week's solid +0.6% q/q Q1 Eurozone growth data. Convergence in Eurozone and U.S. growth profiles has been a core driver of recent EUR-USD gains. The yen, meanwhile, has ... Read More 

  • Asian Edition2016-05-02 18:27 UTC

    The dollar was mostly lower again in N.Y. trade on Monday, seeing EUR-USD rally to eight-month highs of 1.1535, and USD-JPY remain mostly under 106.50. Incoming U.S. data was mostly to the softer side, with manufacturing and construction spending ISM missing expectations. The greenback was impacted by the numbers, but Wall Street shrugged them off, rallying moderately through the session. Elsewhere, USD-CAD moved away from the 1.2500 area, as oil prices ... Read More 

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