The pair closed the US session at $1.3097 and spent the early part of the Asia-Pacific session between $1.3086 and $1.3099 as the market sought fresh leads after yesterday’s sharp moves. A positive open among regional stock markets helped euro-dollar up for brief look at the $1.3100 session high before speculative accounts then quickly sold the pair back down. The pullback gathered pace around mid-morning after comments from ECB Vice President Vitor Constancio on monetary policy in the Eurozone, and euro-dollar then slipped to a $1.3076 low. That was the extent of the morning’s action with the pair then retracing back through $1.3090 in the late morning, to last trade at $1.3083. The pair faces persistent selling interest as European markets gear up for the start of their day, offers believed to be from $1.3120 and at $1.3150, according to dealers.
