FXstreet.com (Barcelona) - Euro rallied to end the day just under the 1.2660 level, climbing back from a 15-week low during European session, as U.S. stocks advanced for the first time in almost two weeks. Dollar decline all across the board, except Japanese Yen that stays firmly around the 99.00 level. Pound also print gains against dollar, but still remains under the 1.4200. During the American session, ADP employment report print 697K private sector jobs lost in February, while ISM non-manufacturing index 41.6 from 42.9, slightly better than expected.
Positive news from China has helped to lift market sentiment, after reporting that its manufacturing purchasing managers' index for February rose for third month in a row, which helped to lift hopes that the Chinese economy is stabilizing. The rise in risk appetite was felt also in Japan, and Europe, as Nikkei rose a 0.9% while European markets were up about a 1.5%.