EUR Sees Mild Gains in Slow News Day
By:
Jutia Group
Posted on January 11, 2012 at 02:43 AM EST
Source: ForexYard EUR Sees Mild Gains in Slow News Day Riskier currencies like the euro saw mild gains in trading on Tuesday, as investors eagerly await euro-zone news set to be released on Thursday and Friday. Debt auctions from Italy and Spain, as well as the European Central Bank's interest rate decision are forecasted to generate heavy volatility for the rest of the week. Economic News USD – USD Falls against Riskier Currencies The US dollar took slight losses against most of its main currency rivals on Tuesday, as investors continue to unload some of their short USD positions following an increase in risk-taking. This is largely due to meetings between European leaders which many are hoping . . . → Read More: EUR Sees Mild Gains in Slow News Day
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