Reuters: US Dollar Report: Euro falls, German bunds cut losses after Italian PMI

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Euro falls, German bunds cut losses after Italian PMI May 2nd 2012, 07:54 LONDON | Wed May 2, 2012 3:54am EDT LONDON May 2 (Reuters) - The euro fell to a session low against the dollar while safe-haven German bunds pared losses on Wednesday after data showed the Italian manufacturing sector shrinking more than expected in April. The euro fell 0.4 percent against the dollar to a session low of $1.3178 from around $1.3223 beforehand. The euro also cut gains against the yen to last trade flat on the day at 105.97 yen. Sterling also fell to a session low of $1.6201 against the dollar. The German Bund future pared early losses to stand flat on the day at 141.09. Ten-year Italian government bond yields reversed falls after the data and last stood up 1.2 bps on the day at 5.55 percent.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions