Latest daily forex news from Sidney, AUD Aussie is finding support against other majors today, reversing earlier losses. Thanks to a little boost from gold, and Australia's connection to the Chinese economy, Aussie is seeking out modest gains. Gold gains give AUD rose
Daily forex news from Eurozone, EUR Euro continues to struggle as debt concerns remain in the spotlight. The ratings agency
Recent update from Spain Banks and a lot of Eurozone Banking industry,, Fitch has issued a warning that downgrades are possible for the AAA nations in the currency region. Additionally, Nouriel Roubini is calling for lower taxes and higher salaries to stimulate the economy in Europe. Right now, eurozone leaders look unable to handle the crisis, and that is weighing on the euro
Meanwhile, daily forex news from Stockholm, The Swedish krona was rising today even after a report that showed nation's inflation slowing. The crisis in the eurozone has hurt Sweden's economy, but economists say that the economic situation in the country itself is beginning to stabilize
The Japanese yen fell today as the International Monetary Fund voiced opinion that the currency is overvalued and Japan's monetary authorities should take steps to weaken the yen
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