The Swiss franc, considered a refuge currency, benefited today from a rather risk averse scenario and gained versus several currencies, declining below less than 1.50 line versus the euro for the first time since March.(…)Read the rest of Swiss Franc Hits 9-Month High Versus Euro (63 words)
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The euro had a weak performance today losing versus the greenback and the dollar after Greece credit rating was downgraded by a financial agency, bringing risk aversion up in European stock markets.(…)Read the rest of Greek Credit Rating Pulls Euro Down (68 words)
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FXstreet.com (C?rdoba) ? The Euro bottomed a few hours ago at 1.4259, reaching a fresh 3-month low…
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Read More Forex EUR USD Euro recovers and rises above 14300
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The British Pound bounced back during the European trade and rose to a high of 1.6251 on Friday following the rise in risk appetite, and the currency may continue to hold a narrow range as market liquidity thins going into the weekend.
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Posted in Forex | Tagged appetite, british, consolidate, euro, following, in, pound, rise, risk, the