Euro presses higher against dollar, Asia markets cautious - News Summed Up

Euro presses higher against dollar, Asia markets cautious


The remarks came as figures showed the eurozone economy continued to improve in the second quarter. That's what is driving the euro higher and it's what is complicating the decision for the ECB on the when and how," said Greg McKenna, chief market strategist at AxiTrader. 'Bumpy road'"Investors have renewed their interest on the US political overhang as the political landscape continues to weigh heavily on the dollar. The greenback is at its lowest levels since November and could fall below the 108 yen, analysts warned. Sydney was down 0.3 percent and Shanghai gave up 0.1 percent but Hong Kong edged up 0.3 percent and Singapore was 0.2 percent higher.


Source: The Nation Bangkok September 08, 2017 03:00 UTC



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