April 17, 2012 at 08:31 AM EDT
EUR Tumbles vs. Main Currency Rivals
Source: ForexYard EUR Tumbles vs. Main Currency Rivals The euro extended its bearish trend against virtually all of its main currency rivals during yesterday's trading session, as investor fears regarding Spanish debt led to risk aversion in the marketplace. Turning to today, traders will want to pay attention to a batch of news out of both the US and euro-zone. Specifically, the German ZEW Economic Sentiment and US Building Permits figures, scheduled for 9:00 and 12:30 GMT respectively, are expected to generate volatility. Positive German news may help the euro recoup some of its recent losses. Economic News USD – Dollar Continues to Fall against Safe-Haven Currencies The US dollar fell vs. its safe-haven currency rivals yesterday, . . . → Read More: EUR Tumbles vs. Main Currency Rivals
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