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  • North American Edition2016-07-25 11:26 UTC

    The euro has nudged higher on the Ifo number, which at 108.3 in the July headline beat expectations for a dip to 107.9. This strengthens the takeaway of last Friday's preliminary Eurozone PMI data in showing that Brexit fallout is mostly impacting the UK economic activity. EUR-USD clocked an intraday high of 1.096 having earlier seen a one-month low of 1.0952. The post-Brexit low at 1.0911 has remained untroubled for now. Sterling, meanwhile, took a knock ... Read More 

  • European Edition2016-07-25 07:24 UTC

    The dollar rose during early-week trade in Asia. EUR-USD logged a fresh one-month low of 1.0952 before losing momentum, leaving the post-Brexit low at 1.0911 untroubled. USD-JPY popped through Friday's peak at 106.40 during the Tokyo session, logged a peak at 106.72 before about-turning and drifting back to the low 106s. Japanese importer demand drove the move, which occurred into the Tokyo fix, with today being a so-called "gotobi" day (with the date ... Read More 

  • Asian Edition2016-07-22 18:00 UTC

    The dollar was broadly higher in N.Y. trade on Friday, taking EUR-USD to one-month lows of 1.0956, and USD-JPY up to 106.40. Cable scraped along on either side of 1.3100, falling after a dismal flash U.K. PMI number. USD-CAD fell early on the back of warmer Canada CPI and firmer retail sales, bottoming at 1.3056, though ultimately rallied to near two-month highs in concert with WTI crude's drop to two-month lows. Flash U.S. manufacturing PMI was better ... Read More 

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