The euro rallied across the board following solid German export and wage numbers. The dollar traded mixed, rising against an underperforming yen while losing ground to the euro. EUR-USD jumped to the 1.1220 area from levels around 1.1150-60. EUR-JPY was a driver, rallying nearly 0.9% to a peak of 133.94. USD-JPY rose over 50 pips, above Monday's high on route to a peak of 119.17. Germany's trade balance beat expectations and reached a new record high in August, with exports up 2.4% m/m. German labour costs, meanwhile, leapt 0.9% in Q2 for a 3.1% y/y gain.
from RSS Feed http://ift.tt/1LgR7Xh
via IFTTT
No comments:
Post a Comment