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EUR/USD2015-07-02 16:15 UTC
EUR-USD spiked to a high of 1.1121 following a miss in the June U.S. employment report before settling back under 1.1100. Market participants were in a noncommittal mood ahead of the long U.S. weekend and particularly Sunday's referendum in Greece. Regarding Greece, a big conundrum is that Greek PM Tsipras is seeing the vote as a chance to get a better deal with creditors, but Eurozone officials see it as a vote on Eurozone membership. ... Read More ►
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North American Edition2015-07-02 10:06 UTC
The euro has traded moderately firmer, with EUR-USD establishing itself in the upper 1.10s after recovering from a 1.1032 low, EUR-CHF knocking at the door of 1.0500, and EUR-JPY holding in the upper 136s, over half a big figure up on yesterday's closing level. We don't read too much into the price action as Forex market participants remain largely noncommittal into the U.S. payrolls report and Sunday's referendum in Greece. A big conundrum is that Greek ... Read More ►
European Edition2015-07-02 07:12 UTC
The dollar has remained firm in subdued low-volume trade ahead of today's U.S. employment report and Sunday's referendum in Greece. U.S. data so far this week has been net positive for the dollar, and the ADP private payrolls and jobs component of the ISM reports signal upside risk at today's June employment report (we have upwardly revised our forecast to 230k from 220k). EUR-USD edged out a three-day low of 1.1032 in the early Asia-Pacific session, ... Read More ►
Asian Edition2015-07-02 16:15 UTC
The dollar gapped lower in the initial wake of the June U.S. payrolls release, which undershot expectations with a 223k headline. Weekly U.S. initial claims data also disappointed in rising by 281k. EUR-USD spiked to a high of 1.1121 before settling back under 1.1100. Market participants were in a noncommittal mood ahead of the long U.S. weekend and particularly Sunday's referendum in Greece. USD-JPY dove to a low of 122.95, down from the 123.67 bid ... Read More ►
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