With EUR/USD propelled higher by rising German interest rates today, it its not getting as much of a lift from the weak ISM data as bulls would hope. German 2-year yields are 4 bp lower in the wake of the data…
USD/JPY has dropped t0 80.55 thus far. Look for Kampo bids in the 80.50 area. USD/CHF is down to 0.8560.
