Euro is lower today, struggling as continued concerns about the eurozone and the fate of the 17-nation currency weigh.
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Euro is lower today, struggling as continued concerns about the eurozone and the fate of the 17-nation currency weigh.
Last week was rather eventful, with Europe once again providing the catalyst. Early in the week, concerns about the eurozone sent stocks lower. However, by the close on Friday, the Dow was above 13,000.
Doesn't matter who wins or loses in this year's Presidential elections, taxes are going up. What's more, Government at all levels, city, county, state will too...
Euro is holding on to its gains against the US dollar and the Japanese yen right now, thanks in part to the news regarding those two currencies.
US dollar is gaining ground right now, thanks to fading risk appetite. Earlier, risk appetite pushed Asian stocks higher, and helped high beta currencies. Now, though, risk appetite is fading and Forex traders are turning to the safety of the greenback.




