US Session – Euro hits $1.32
Posted on April 16, 2013 at 8:29 pm GMTCurrency markets were calmer today as risk sentiment picked up after Monday’s turmoil which led to large declines in risk currencies and gold and pushed the safe haven yen up. Yen weakness resumed today, while euro rebounded to a near two-month high above $1.31. Gold moved off a two-year low hit yesterday when the metal plunged the most in a day in over twenty years. Monday’s risk aversion was triggered by weak growth data from China, the world’s second largest [..]