Week Ends With Greenback and Yen Reclaiming Mid-Week Gains |
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EUR/USD - Greenback Gains Overnight as Risk Aversion Returns The Euro-Dollar pair, for a second straight session showed some big swings. Today’s session saw a strong move in favor of the greenback, effectively paring most of yesterday’s rally. Lower stocks in Europe, renewed worries about Eastern Europe, and concerns about the unfolding second quarter earnings season revived risk aversion overnight. The pair slid 180 pips from yesterday’s high, finding support at the 1.3880
Filed under: Fundamental
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