European Monetary Union Sentix Investor Confidence below forecasts (19.8) in May: Actual (19.6)

FXStreet.com (Barcelona)

May 4, 2015

GBP/USD resilient near 1.5150

The British pound recovered from lows and turned in the positive territory against the US dollar in the European session, with GBP/USD standing resilient despite the strong rebound seen in the US dollar, continuing its upsurge from the previous session.

EUR/JPY drops after Eurozone PMI report

The EUR/JPY fell to a session low of 133.76 after the German and Eurozone PMI showed the pace of manufacturing activity slowed down in April.