Euro is slipping again, dropping as concerns about Greece continue to dominate headlines. Once again, European leaders are balking at what needs to be done about Greece, and that is causing concern about what's next for the country, as well as the effect on the entire eurozone. It's no surprise that the euro is slipping today.
From Tokyo forex news, Japanese yen is heading higher again as sentiment shifts toward pessimism and Forex traders look for safe haven. Concerns about what's next for the global economy, as well as the latest eurozone scare and the US fiscal cliff, are sending high beta currencies lower as safer assets, like the yen, head higher.
From Britain's forex news, The Great Britain pound advanced versus the US dollar and the euro today as almost all economic reports from Britain were better the expected, while the eurozone provided a set of disappointing data, increasing the appeal of the sterling as a haven from Europe's crisis
Meanwhile, CHF The Swiss franc gained against the euro today, but fell versus the US dollar. The macroeconomic data from Europe was bad today, weakening the shared European currency versus the Swiss currency. Yet fundamentals in Switzerland were not impressive either, limiting gains of the Swissie
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