Session Recap: Dollar mixed, EUR/USD makes it through 1.3800

FXstreet.com (Córdoba) - The USD trades mixed against major rivals Thursday as FX was in consolidation mode as investors remain cautious over long-term trends.

The EUR/USD rose above 1.3800 and printed a nearly 2-year high of 1.3821 although disappointing PMI sent it to session lows at the 1.3765 area. The pound is lagging as GBP/USD failed to hold above the 1.6200 level, with soft UK CBI survey weighing. Elsewhere, USD/JPY and AUD/USD are little changed around 97.30 and 0.9620 respectively.

During the New York session watch for US Jobless Claims, Markit Flash PMI, New Home Sales, Kansas City Fed Manufacturing Survey.

Main Headlines in Europe:

European open: PMIs in focus

Spain: Unemployment Survey at 25.98% in Q3

Germany: Flash PMI Manufacturing climbs to 51.5 in October

EMU: Flash PMI Manufacturing surprises to the downside in October

UK: CBI Distributive Trades Survey – Orders falls into contraction in October