A better than expected euro zone PMI sent the
Investors covering positions after the
A record trade deficit in Japan added to downward pressure on the yen. [FT]
The Bank of Canada indicated that it may hold off on an interest rate hike this year, contrary to expectations, and the Canadian dollar fell. [WSJ]
An upbeat PMI report from China failed to lift the Australian dollar, but the New Zealand dollar moved close to a high touched earlier in the month.
Poor Polish retail sales reinforced expectations that the central bank will cut interest rates, and the zloty fell. [WSJ]