Switzerland SECO Consumer Climate (3m) above expectations (-11) in 1Q: Actual (-6)

FXStreet.com (Barcelona)

May 7, 2015

Market Movers: Fixed income under further pressure in the Asian trade – TDS

Prashant Newnaha, Strategist at TD Securities, summarizes the market performance and key developments during the Asian trading session.

EUR/USD testing 3-month highs near 1.1365

The shared currency advanced to fresh session highs versus its American counterpart in the early European trades, pushing EUR/USD towards 1.14 barrier, largely as the US dollar turned back in red, after a brief recovery in Asia, dragged down by downbeat ADP jobs figures and Fed chair Janet Yellen's comments.