United States EIA Natural Gas Storage change came in at 76B, above expectations (75B) in May 1

FXStreet.com (Barcelona)

May 7, 2015

Global bond yields continue to grind higher – Scotiabank

Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank, notes position squaring has led global bond yields to continue to climb higher.

EUR/GBP reverses and drops toward 0.7400

EUR/GBP reversed and erased losses. The pair reached earlier at 0.7485, the strongest level in three months but then pulled back sharply, falling toward 0.7400.