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06.06.2011 08:08

Asian session: The single currency gained

Data:
01:30 Australia ANZ Job Advertisements (May) -6.5%
The euro touched a month high versus the dollar on prospects officials from the European Union will reiterate their intention to prepare a new aid package for Greece, easing concern over the region’s debt crisis.
The single currency gained versus most of its 16 major counterparts before a report that may show producer-price inflation in the trading bloc held near a 2 year high in April, backing the case for the European Central Bank to increase borrowing costs. 
The Dollar Index fell to a one-month low on speculation Fed policy makers will this week signal their willingness to maintain monetary stimulus following weaker-than-expected U.S. unemployment data.

EUR/USD: the pair bargained within the limits of $1.4620-$ 1.4660.
GBP/USD: the pair bargained within the limits of $1.6410-$ 1.6460.
USD/JPY: the pair bargained within the limits of Y80.15-Y80.40.
European data includes the 0900GMT release of EMU industrial PPI for April. 
The Canadian Ivey Purchasing Managers Index is also due at 1400GMT. 
At 1715GMT, US Treasury Secretary Tim Geithner delivers a speech to the International Monetary Conference in Atlanta. 

06.06.2011 08:12

Asia Pacific stocks close:

06.06.2011 07:57

Stocks: Weekly review

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