The shared currency marks the fourth straight session of gains on Thursday. A risk-on mood and softer U.S. dollar added a headwind to the EUR/USD pair. Investors continued to digest softer U.S producer prices as the market took it as a signal that Federal Reserve might go for a less aggressive monetary policy. The U.S. 10-year benchmark yield gained marginally toward the 2.79 level. Despite a recovery in the yields, the U.S dollar index dropped further below $105, closing in on its lowest level since late June. In addition to that, the U.S Initial Jobless Claim rose by 14K to 262,000 the week ended on August 6th, ... (full story)