U.S. Update: Dollar stronger
What happened in Asia Dollar regained the upside during Asian session, as risk aversion return to markets after a report raising doubts over Russia’s banking sector prompted players to sell the risk-sensitive unit. Gbp remained under selling pressure, while Japanese yen managed to hold the 96.00 level against dollar. Currencies traded in narrow ranges ahead of early European morning data. What happened in Europe The Euro zone unemployment rate has increased to a ten year high of 9.5% in May