Daily Video Recap (3/31): Euro Rallies on CPI, German Jobs Data

By @ibtimes on

Recap: The Euro rallied from the 1.34 level, moving to test 1.3540 around noon NY trading. Data from the Euro-zone showed inflation heating up while the German economy added jobs when expectations had been for a decline. US data showed the private sector continuing to shed jobs while a manufacturing report was positive. The Pound and Canadian Dollar were higher against the greenback but the Australian Dollar came under pressure after some weak fundamental data.

Join the Discussion