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6 May 2013
Session Recap: USD slightly firmer in quiet trade
FXstreet.com (Córdoba) - European markets enjoyed a quiet session on Monday as with UK closed for public holiday, trading volumes were thin. The US dollar trades a tad firmer versus most competitors following upbeat employment figures on Friday. In Europe, services PMI came in stronger-than-expected (still in contraction) but retail sales and confidence data disappointed.
EUR/USD trades marginally lower at the 1.3010 area, while GBP/USD remains flat around 1.5560. USD/JPY consolidates above 99.00, having hit a high of 99.44 earlier on the day. The Aussie is among the worst performers, weighed by weak domestic data.
Main Headlines in Europe (in chronological order):
Asian markets up on solid US NFP
Germany: PMI Services returns to contraction in April
EMU: Composite PMI slightly up in April
EMU: Sentix Investor Confidence improves to -15.6 in May
EMU: Annual Retail Sales drop 2.4% in March
Coeure: ECB prepared to cut again
EUR/USD trades marginally lower at the 1.3010 area, while GBP/USD remains flat around 1.5560. USD/JPY consolidates above 99.00, having hit a high of 99.44 earlier on the day. The Aussie is among the worst performers, weighed by weak domestic data.
Main Headlines in Europe (in chronological order):
Asian markets up on solid US NFP
Germany: PMI Services returns to contraction in April
EMU: Composite PMI slightly up in April
EMU: Sentix Investor Confidence improves to -15.6 in May
EMU: Annual Retail Sales drop 2.4% in March
Coeure: ECB prepared to cut again