After issue of economic data for both the US and Europe, currencies' performance was varied. This was due to anticipation on the part of investors amid ongoing meetings of EU finance ministers to consider more financial support to Greece, which is still gripped by high debt and budget deficit.
The US dollar slipped amid improved confidence in monetary markets and with investors inclining toward buying high-yield currencies and amid profit-taking after the hike of the greenback over the past three weeks.
The euro was up against the dollar and Japanese yen ahead of the EU meeting looking into Greek debt and support to Portugal, which resulted in spreading optimism.
The yen dropped against the dollar and other main currencies after the Bank of Japan governor's statement that the Japanese economy was going through a critical period For the latest updates PRESS CTR + D or visit Stock Market news Today
No comments:
Post a Comment