Apr 2, 2013
Forex: EUR/JPY eases on contractionary German manufacturing
Demand for the EUR pushed the cross higher to 119.64 high, but quickly investors figured out that the final reading of the March manufacturing PMI by Markit wouldn’t be any good after seeing the Spanish figure, falling fell from 46.8 to 44.2 (consensus at 46.0). The EUR/JPY dropped to 119.25, but is currently trading at 119.50.
Baca lagi
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