The dollar was mixed in the New York session; firmer against the euro toward the 1.39-region and weaker versus the yen near the 94-figure. The dearth of US economic data out today will keep the focus on stocks, which were marginally higher in early Wednesday trading as earnings season kicks off in earnest.
Advertisement
Euro Drifts LowerThe euro tumbled against the yen and dollar overnight, falling to 130.44 and 1.3861, respectively. The equity markets are still the key drivers of foreign exchange movements with lingering questions over the global economic recovery and bouts of heightened risk aversion dictating sentiment. This article contains the following sections:
Euro Drifts Lower
Yen posts Safe-Haven Gains
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment