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EUR/USD2015-05-01 18:10 UTC
EUR-USD moved initially higher following the ISM miss, weaker construction spending, and the unchanged final April Michigan sentiment outcome. The pairing rallied briefly to new trend highs of 1.1290, though was pushed quickly back into 1.1240, reportedly on heavy selling interest into the 1.1300 mark. The dollar rally continued into the london close, taking EUR-USD under 1.1200 to 1.1185 lows. Support now comes in at 1.1160-50. Read More ►
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North American Edition2015-05-01 10:12 UTC
EUR-USD extended to a new two-month peak of 1.1286 in thin London AM trade (most of Europe is closed today). EUR-JPY and other euro crosses have seen a similar price action, while the dollar itself has managed to recover some recently lost ground against other currencies following perky U.S. data on Thursday. USD-JPY recovered from its foray to the mid-18s and is back in familiar territory in the mid-to-upper 119s. Sterling has traded lower in the wake ... Read More ►
European Edition2015-05-01 06:08 UTC
EUR-USD extended to a new two-month peak of 1.1266 in New York PM trade before settling to narrow range trading near 1.1200. EUR-JPY and other euro crosses have seen a similar price action, while the dollar itself has managed to recover some recently lost ground against other currencies following perky U.S. data on Thursday. USD-JPY recovered from its foray to the mid-18s and is back in familiar territory in the mid-119s. Cable saw quite a sharp ... Read More ►
Asian Edition2015-05-01 18:10 UTC
The dollar traded broadly higher in N.Y. on Friday, though not due to incoming data, which wasn't horrible, but largely missed market forecasts. Treasury yields moved higher, supportive of the greenback, as was Wall Street's rally. After peaking at 1.1290, EUR-USD slid to session lows of 1.1175. USD-JPY rallied over its 50-day moving average, and posted nearly three week highs of 120.28.USD-CAD moved up sharply, trading over 1.2205 from 1.2090 levels at ... Read More ►
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