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  • North American Edition2015-05-04 10:19 UTC

    EUR-USD traded lower during London-less trade in Europe, which seemed the obvious play in thin market conditions following seven straight up days through to Friday. EUR-USD logged an intraday low at 1.1135, which is down by 90 pips on the intraday peak. EUR-JPY and other euro crosses saw a similar price action. Final PMI data out of the Eurozone had little impact. Greece remains an issue. Despite signs that the government in Athens has adopted an improved ... Read More 

  • European Edition2015-05-04 06:06 UTC

    EUR-USD has traded a narrow range in early-week trade just above Friday's low at 1.1174. The absence of Tokyo and London centres will ensure thin trade today. Through to Friday, the euro had climbed for seven successive days, but looks likely for a pause now. Greece remains an issue. Despite signs that the government in Athens has adopted an improved attitude, news reports from weekend negotiations suggest that fundamental differences remain with ... Read More 

  • Asian Edition2015-05-04 18:26 UTC

    FX trade was quite light in N.Y. on Monday, As London's holiday absence kept interest subdued. But for nearly in-line factory data, there was nothing on the calendar, though yields came off slightly, and Wall Street rallied. The dollar was flat overall, and plied narrow ranges versus the major currencies. EUR-USD idled between 1.1130 and 1.1190, as USD-JPY lingered inside of 120.05 and 120.27. Cable was sideways over 1.5100, as USD-CAD found support under ... Read More 

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