Risk currencies take a hit and
Spain's troubles dent the euro - it's time for your FX Fix.
Worries that
Spain will need a bailout pushed the euro to
its lowest level in over two years. [CNBC]
The Australian
and New Zealand
dollars ran into profit taking and investor jitters
about Spain. [CNBC]
With risk-sensitive currencies
taking a hit along with crude oil prices, the
Canadian
dollar fell against the buck. [fxstreet.com]
Weakness in the
euro pulled the yuan
down to a nine-month low against the dollar.
[CNBC]
Worries over the euro zone and the
economic slowdown in China are putting pressure on
Asian
currencies like the South Korean
won. [corporate-fx.co.uk]
Japan's finance
minister issued a warning - again - about the strong
yen.
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1 comments:
The main variation between the Euro and the US Money is time. US dollar has been all over in movement much extended, therefore it is considered as more efficient.
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