Mid-Day Report: Euro Retreats on Risk Aversions and Weakness in Global Stock Markets
Despite initial brief rise in euro in reaction to downgrade of U.S. AAA rating by Standard & Poor's over the weekend, the single currency then retreated sharply in Asian and European sessions on massive risk aversions due to further weakness in global stock markets. Major Asian indices (including Nikkei and
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This entry was posted on Monday, August 8th, 2011 at 2:38 pm and is filed under Market Forex. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.