Monday, April 2, 2007

Dollar steady before U.S. data, euro unmoved by PMI

(Reuters) - The yen shrugged off Japan's quarterly tankan survey showing business confidence deteriorating for the first time in a year, as it did nothing to change expectations that the Bank of Japan would leave rates steady after lifting them in February.

The euro was little moved after a survey showed growth in the euro zone manufacturing sector slowed slightly in March. The survey did little to change expectations the European Central Bank would raise rates as early as June.


Read more at Reuters.com Hot Stocks News

No comments: