Singapore Purchasing Managers Index declined to 51.8 in November from previous 51.9

FXStreet.com (Barcelona)

Dec 2, 2014

Gold outperforms in EUR terms

Gold prices remained relatively resilient in the EUR terms as expectations of more aggressive monetary stimulus from the European Central Bank (ECB) kept the single current under pressure.

EUR continues to range trade – Scotiabank

Yesterday’s disappointing PMI and today’s soft PPI did little to push EUR lower as it continues to range trade within its month long range, notes Camilla Sutton CFA, CMT, Chief FX Strategist at Scotiabank.