European Session – Dollar fluctuates around 120 yen, weighed by disappointing ISM Manufacturing data
Posted on September 1, 2015 at 2:32 pm GMTThe euro rose to the 1.13 handle before falling back to 1.1232. Eurozone unemployment data helped support the single currency after a surprise drop to 10.9% in August from 11.1% in July, the lowest level since early 2012. Eurozone final manufacturing PMI for August missed expectations but not by much and came in at 52.3 versus the flash reading of 52.4. Sterling rose early to a session high of 1.5406 before tumbling on weak UK data which showed activity in [..]