* Currencies little moved with Tokyo on vacation* Euro properly supported forward of ECB Lagarde speech* Greenback index pinned close to a three-mo
* Currencies little moved with Tokyo on vacation
* Euro properly supported forward of ECB Lagarde speech
* Greenback index pinned close to a three-month trough
* South African rand rises as score dodges junk standing
By Wayne Cole
SYDNEY, Nov 4 (Reuters) – Main currencies began the week quietly with a vacation in Tokyo making for skinny buying and selling circumstances and traders ready to listen to the primary official speech from the brand new head of the European Central Financial institution later within the session.
The greenback had tried to rally on Friday after U.S. payrolls beat expectations, however was undone by a tender manufacturing survey which left it trying heavy.
The euro began the week agency at $1.1168 as bulls seemed to check the October peak of $1.1179 and the 200-day transferring common at $1.1195.
In opposition to a basket of currencies, the greenback was caught at 97.218 having touched a three-month low at 97.107 on Friday. It was now concentrating on the August trough of 97.033.
The greenback fared just a little higher on the yen as protected havens fell from trend, edging as much as 108.23 from Friday’s low round 107.87.
Sterling remained properly bid at $1.2935, after final month’s rally from $1.2200, as traders wagered there was much less threat of a tough Brexit now that an election marketing campaign was underway.
One of many few movers was the South African rand, which rose as traders have been seemingly relieved that Moody’s had solely downgraded…