Euro is loosing its positions against the greenback.
Moody’s decision to reduce the credit rating of two leading French banks pressured the euro.
European crises is spreading in Europe and the euro stays under pressure. Asian and European trading sessions: Euro: The Euro was trading near its maximums during the Asian session. Further strengthening of Euro currency was constrained by...
The US Dollar stepped back against the background of an increase in the stock
Franc dropped after the announcement of the National bank of Switzerland.
US dollar strengthens.
Market review for 29.08 – 2.09, 2011 After the diverse trading dynamics, by the end of the previous week the greenback reinstated its safe-haven status.
Concerns over the spreading of the European crises pressure the euro.
The Swiss Franc, the Yen and the US dollar remained supported.
The US dollar is gaining strength again.