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  • North American Edition2016-05-02 10:39 UTC

    The dollar started the new week with the same softening bias it finished last week with. This saw EUR-USD log a new six-month peat at 1.1492 and USD-JPY a fresh 18-month low at 106.16. Trading conditions have been thin with London and Chinese markets among those closed for May Day public holidays. The euro was helped higher by an upward revision to final Eurozone manufacturing PMI data, while the yen, after gaining during the Tokyo session, ... Read More 

  • European Edition2016-05-02 06:33 UTC

    The yen surge slackened to a grind higher, but still saw the currency make new highs for a third consecutive session. This put USD-JPY to a new 18-month low at 106.16 during the Tokyo AM session, extending Friday's low by 12 pips. The pair subsequently settled higher, to around the 106.50 mark. The BoJ's decision to refrain from easing policy last week disappointed markets with data last Thursday showing core inflation plunging back into deflationary ... 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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