The dollar is trading generally firmer. EUR-USD, USD-CAD and AUD-USD have been drivers. The euro has tipped lower in the wake of Eurozone producer price data, which fell 4.2% y/y in February and were attributed to heavy discounting amid weak demand, and not just lower energy prices, raising concerns about policymakers' spectre of second-round disinflationary effects. EUR-USD logged a fresh intraday low at 1.1358, bringing into view Friday's post-U.S. jobs report low at 1.1339.
from RSS Feed http://ift.tt/1XbsCSP
via IFTTT
No comments:
Post a Comment