Euro climbs to near seven-month high vs. dollar

Economies.com
2017-06-06 16:20PM UTC

Euro advanced against the dollar in American trade following earlier data from the euro zone and the US, the world's largest economy. 

 

As of 05:14 GMT, EUR/USD rose 0.13% to 1.1269 from the opening of 1.1278, with an intraday high at 1.1278, and a low at 1.1240. 

 

Earlier euro zone data showed a slowdown in retail PMI in May, while the Sentix consumer confidence survey rose past expectations in June, as retail sales weakened in April. 

 

Earlier US data showed the JOLTS openings rising unexpectedly in April, while last week we say mixed labor data for May, with new non-farm payrolls slowing down, while the unemployment rate tumbled to the lowest since March 2001. 

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