Dollar trims decline, Treasuries continue fall after ADP data

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Source: Marketwatch
The U.S. Dollar cut losses and Treasuries extended slid on Thursday as ADP reported U.S. firms created 201,000 more jobs in August, exceeding analysts forecasts. The ICE Dollar Index rose to 81.123, trading at 81.085 ahead of ADP data and 81.253 yesterday. 10-year note yields advanced 4 basis points to 1.64%.
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Thu, 06 Sep 2012 14:41:33 GMT

U.S. ISN non-manufacturing PMI better than expected in August

The Institute for Supply Management said in a report that the U.S. non-manufacturing index jumped to 53.7 in August compared to previous month's reading of 52.6. Experts had predicted the headline reading to advance 53.0 in the month.  Any reading above 50 indicates nation's non-manufacturing sector is generally expanding.

Thu, 06 Sep 2012 15:10:31 GMT

Euro climbs amid unchanged rate

The Euro advanced sharply versus its major counterparts after the ECB held its key interest rate unchanged at 0.75%, despite market expectations. On Thursday, the 17-nation currency traded at 99.30 versus the Yen, 1.2652 versus the U.S. Dollar, 0.7948 versus the Sterling and 1.2045 versus the Franc.

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