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Oil Rebounds As Markets Refocus On Supply Tightness
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Euro Rises From Near 3-Month Low Before ECB; Aussie Jumps

Published by: dailynews
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The euro pulled away from near a three-month low to the U.S. dollar on Thursday as attention turned to the European Central Bank’s looming rate-setting meeting, after U.S. inflation data failed to alter views for a Federal Reserve pause next week.

The yen strengthened from near a 10-month trough as a decline in long-term Treasury yields removed some support for the U.S. currency.

Australia’s dollar rose then retreated then rose again as traders struggled to decide what labour market data meant for the outlook for interest rates.

Read the full story onĀ Reuters here.