24 Jul 2013
Session Recap: Dollar mixed, EUR/USD reaches fresh 1-month high
FXstreet.com (Córdoba) - The USD is mixed, rising against the JPY and the AUD but falling against the EUR, as markets’ focus turn to economic data and earnings
The EUR/USD erased Asian session losses and spiked to a fresh 1-month high of 1.3255 after Eurozone and German manufacturing PMI came in above the 50.0 expansion/contraction threshold.
On the other side of the board, the aussie is among the worst performers, with AUD/USD briefly dipping below 0.9200, weighed a disappointing HSBC/China flash PMI reading. USD/JPY climbed back above 100.00. Elsewhere, majors were little changed, with GBP/USD hovering around 1.5350 and USD/CHF around 0.9350.
Main Headlines in Europe:
Soft equities in the Asia-Pacific
Germany: Flash PMI Manufacturing returns to expansion in July
EMU: Flash PMI Manufacturing expands against expectations in July
European Commission: Greek aid payment could be delayed
The EUR/USD erased Asian session losses and spiked to a fresh 1-month high of 1.3255 after Eurozone and German manufacturing PMI came in above the 50.0 expansion/contraction threshold.
On the other side of the board, the aussie is among the worst performers, with AUD/USD briefly dipping below 0.9200, weighed a disappointing HSBC/China flash PMI reading. USD/JPY climbed back above 100.00. Elsewhere, majors were little changed, with GBP/USD hovering around 1.5350 and USD/CHF around 0.9350.
Main Headlines in Europe:
Soft equities in the Asia-Pacific
Germany: Flash PMI Manufacturing returns to expansion in July
EMU: Flash PMI Manufacturing expands against expectations in July
European Commission: Greek aid payment could be delayed