Asian session review: the US dollar rose slightly against the euro and yen

During today's Asian trading, the US dollar rose slightly against the euro and the yen.

The ICE index, which tracks the dollar's performance against six currencies (the euro, swiss franc, yen, canadian dollar, pound sterling and swedish krona), rose 0.5%.

Analysts note that the fall in the euro should have been more serious, given the lack of progress of European leaders in terms of taking measures to support the economy after the crisis due to the consequences of the COVID-19 coronavirus pandemic.

On the eve of the EU heads of state and government approved the "road map" of the EU's economic recovery after the crisis, which provides, in particular, the launch of three programs to support the economy for a total of 540 billion euros.

French President Emmanuel Macron said that the post-crisis economic support program approved by the EU summit will not be enough.

Data released on Thursday indicated a sharp weakening in business activity in the Euro zone's services sector. The purchasing managers ' index (PMI) in the services sector, calculated by IHS Markit, collapsed in April to a record low of 11.7 points from March's 26.4 points. Experts expected a decrease to 22.8 points.