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Stock impact report

Dollar nudges up, euro's post-EU vote bounce proves short-lived [Reuters]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Reuters
Dollar nudges up, euro's post-EU vote bounce proves short-lived - Reuters 3 Min Read TOKYO (Reuters) - The dollar nudged up against its key rivals in early trade on Tuesday as investors waited on more catalysts after the European Union parliamentary elections showed a polarization of the 28-member block. The yen was in a holding pattern as U.S. President Donald Trump, who is visiting Japan, is seen putting pressure on Tokyo to reduce the nation’s large trade surplus with the United States. Many of the currency pairs hugged recent ranges, as activity thinned out overnight with stock exchanges in the United States and Britain closed for market holidays. The euro struggled following remarks from two euro zone officials that the European Commission is likely to start disciplinary steps against Italy on June 5 over the country’s rising debt and structural deficit levels, which break European Union rules. Against a basket of six peers, the dollar gained 0.15% to 97.746, trading about 0.6% o Show less Read more
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