EUR/USD: Weak NY Fed Manufacturing Data Stalls Decline

The USD got a lift across the board from the Kyodo story saying the BOJ will not hike this week, but weaker than expected NY Fed Empire State Manufacturing Data helped stall the decline. Prices are rebounding now, trading in the high 1.2950s after falling as low as 1.2940 after the Kyodo report. Offers are seen now in the 1.2960/70 area and again toward 1.2990/00.