Figures from China's National Bureau of Statistics showed on Friday industrial profits rose in May, although at a slower rate than in the previous month. The growth in industrial profits slowed to 8.9 percent on year in May after profits surged 9.6 percent in April...
The dollar was lower against the euro and the yen on Thursday, after U.S. first quarter growth was revised down sharply. EUR/USD was at 1.3638, not far from the more than two-week high of 1.3650 reached on Wednesday. The pair was likely to find support at 1.3600 and resistance at 1.3670...
China expanded banks’ freedom to set foreign-currency deposit rates in Shanghai, a step toward easing interest-rate controls across the nation...
On Wednesday the dollar is steady against euro and yen, the main currencies are traded in recent ranges in muted auction. The pair Euro/Dollar is trading at 1.3611, is located in the month's range of 1.3503-1.3678. The pair was likely to find support at 1.3573 and resistance at 1.3642...


