Good days my friends, from Ontario we reported, Canadian dollar is gains against USD, CAD struggling to retain the upper hand as risk aversion begins to creep into the picture. Loonie is slightly higher against the US dollar, as well as against the UK pound and the euro. They struggling hard
Meanwhile from Brittain we reported, UK GBP Sterling is higher against the US dollar today, gaining on better retail sales data. The expectation now is that Great Britain will avoid a recession, and that is providing sterling with a little support today. Hope more higher against other major currencies
From Aussie economic news we reported Australian dollar kept its gains against the US currency and the euro, but unfortunately continued to fall versus the Japanese yen after Standard & Poor's reduced Greece's credit rating to selective default.
From Eurozone update we reported Euro remained weaker against other major currencies after yesterday's slump as Standard & Poor's reduced Greece's credit ratings to selective default, adding to concerns about Europe's debt worries, going to nightmare, be ready friends
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