Latest update about EUR currency, Even though there is something of a "risk on" attitude in the markets today, the euro isn't benefitting. Indeed, euro is struggling today as concerns about an economic slowdown pile on top of worries about the sovereign debt crisis. Even though the Greek situation is resolved for now, some are wondering who might be next.
Meanwhile from Kiwi currency or we can say NZD The New Zealand dollar climbed today after positive market sentiment, caused by hopes for the eurozone and anticipation of positive macroeconomic data from the United States, boosted global stocks.
And then GBP UK pound is gaining today, thanks in part to better than expected economic data out of Great Britain. Good news is helping the pound against the US dollar and against the euro. While there are still some hurdles for sterling, right now the outlook is pretty good.
Japan's Yen Goes Down as Market Sentiment Improves
From Tokyo we reported JPY The Japanese yen fell today versus the US dollar and the euro after European finance ministers agreed to provide a bailout for Greece and on speculations that US retail sales grew with faster pace last month.
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