Market Moving News: EUR/USD - Sep 19

Eur/Usd - 1.3100 ... Despite euro's brief drop to around 1.3053 after the release of U.S. capital flows data (U.S. net overall inflow was 63.7 bln in July versus 5.2 bln outflow in June), the single currency rebounded after the release of much weaker-than-expected U.S. Philadelphia Fed business conditions in Sept. which came in at -0.7 versus the expectation of 2.0. Bids are located at 1.3055/60 with stops seen below 1.3040. On the upside, mixture of offers n stops is tipped at 1.3110/15.