1 Jul 2013
Session Recap: USD mixed, EUR supported by data
FXstreet.com (Córdoba) - The dollar is mixed on the day, rising against the yen but falling against its European peers and commodity currencies.
The euro was underpinned by generally upbeat June final manufacturing PMI prints, with only Germany missing expectations by a slight margin. However eurozone inflation and unemployment data had little impact on the EUR/USD. The EUR/USD was last up 0.2% at the 1.3040 area.
USD/JPY rose to a 4-week high of 99.72 before easing to the 99.60 area, where it records a 0.4% gain, while the GBP/USD is only slightly higher at the 1.5520 zone despite a positive UK PMI reading. The Antipodean currencies are among the best performers, with AUD/USD hovering around 0.9200.
Main Headlines in Europe:
Flash: What does the EUR/USD have to offer? – Commerzbank and NAB
Germany: PMI Manufacturing slides to 48.6 in June
EMU: PMI Manufacturing rises slightly more than expected in June
UK: PMI Manufacturing expands to 52.5 in June
EMU: Preliminary annual June CPI up to 1.6%, as expected
EMU: Unemployment Rate lower than expected in May
Troika inspectors back in Greece
The euro was underpinned by generally upbeat June final manufacturing PMI prints, with only Germany missing expectations by a slight margin. However eurozone inflation and unemployment data had little impact on the EUR/USD. The EUR/USD was last up 0.2% at the 1.3040 area.
USD/JPY rose to a 4-week high of 99.72 before easing to the 99.60 area, where it records a 0.4% gain, while the GBP/USD is only slightly higher at the 1.5520 zone despite a positive UK PMI reading. The Antipodean currencies are among the best performers, with AUD/USD hovering around 0.9200.
Main Headlines in Europe:
Flash: What does the EUR/USD have to offer? – Commerzbank and NAB
Germany: PMI Manufacturing slides to 48.6 in June
EMU: PMI Manufacturing rises slightly more than expected in June
UK: PMI Manufacturing expands to 52.5 in June
EMU: Preliminary annual June CPI up to 1.6%, as expected
EMU: Unemployment Rate lower than expected in May
Troika inspectors back in Greece