By Cornelius Luca
New York, April 4 (BridgeNews) - The key European currencies rose for the third day this week on profit taking after apparently bottoming out on Monday.
The euro advanced to two-week highs of 90.34 cents to the dollar and 0.6292 sterling, and to a 17-month high of 113.71 yen. The yen took a secondary role, slipping against the dollar within Tuesday's range.
* * * The euro amassed its gains irrespective of new gloomy euro zone data, as flows took the center stage once again. Dollar/Canada slipped for the second day after failing Tuesday to take out the record high of 1.5848 only by a small margin.
With no events planned for Tuesday but a long queue of Fed officials scheduled to speak, the U.S. traders will likely continue to press the dollar down versus the European currencies. Dollar/yen looks neutral and bound to trade around the 125.50 Gann 50-point pivot.

Current Previous Change Global Global
NY open NY close low high
USD/JPY 125.82 125.58 0.24 125.46 126.30
EUR/USD 0.9031 0.8979 0.0052 0.8935 0.9050
EUR/JPY 113.65 112.74 0.91 112.55 113.71
GBP/USD 1.4357 1.4329 0.0028 1.4300 1.4357
USD/CHF 1.6898 1.7026 -0.0128 1.6890 1.7085
USD/CAD 1.5731 1.5768 -0.0037 1.5729 1.5778
AUD/USD 0.4873 0.4875 -0.0002 0.4832 0.4908
NZD/USD 0.4049 0.4049 0 0.4011 0.4073
SP.1 1411.50 6.50 1384.00 1414.50
ND.1 1410.50 5.50 1383.00 1414.00