Tuesday, June 26, 2012

Daily Forex News: Fears about Europe Crisis are back, EUR is lower, USD is in demand as a safe haven

Latest daily forex news, from Wallstreet we reporting, US dollar is on the rise today, thanks to risk aversion. With concerns in Europe, and uncertainty about the impact of the US Supreme Court ruling on health care reform, the greenback is in demand as a safe haven

Daily forex news from Eurozone, Fears about Europe are back, in the spotlight, causing worries and resulting in risk aversion that is weighing heavily on the euro today. Euro is lower as concerns about what's next send EUR/USD below the 1.25 mark.

Meanwhile, from Africa forex news, The South African rand declined for the third consecutive session today as Forex traders were worried that economic growth is slowing all around the globe, reducing demand for exports of emerging economies.

Respons to Syrian crisis, The Turkish lira fell today after Turkey's warplane was shot down by Syrian forces in international airspace, heightening political tensions between the Middle Eastern countries

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