European Session – Dollar remains weak, focus turns to Bernanke speech
Posted on January 3, 2014 at 2:38 pm GMTRisk aversion dominated the currency markets as investors remained cautious ahead of the weekend. Trading volumes remain thin as markets are slowly trying to get into swing after the holidays. After yesterday’s negative start to the New Year, leading to a tumble in the dollar against the yen, and the euro sliding against the dollar, markets were calmer today and most currency pairs consolidated yesterday’s moves. There was little in terms of major economic data releases today. Apart from China [..]