Euro widens gains vs. dollar
Economies.com
2017-04-17 13:13PM UTC
Euro rose on Monday as the dollar gave up ground against a basket of currencies following forecast-missing U.S. data, and amid thin trading volumes.
Earlier U.S. data showed the Empire State Manufacturing Index sharply down top 5.2 in April from 16.4, missing expectations of 15.
The weak manufacturing data forced the dollar down and buoyed the euro considerably, specially amid thin trading volumes that sent the common currency quickly higher.
EUR/USD last traded at 1.0646, up from the opening of 1.0610, with an intraday high at 1.0652, and a low at 1.0604.
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