Euro Recovers From Early Multi-week Lows Versus Aussie And Kiwi
June 07 2012 - 1:33PM
RTTF2
The European common currency bounced back from previous
session's downtrend against the Australian and New Zealand dollars
in New York afternoon trading on Thursday. After touching more than
a 7-week low of 1.2601 by about 7:20 am ET, the euro reversed its
direction against the Aussie and as of now worth 1.2675.
Against the NZ dollar, the euro also showed strength in
afternoon session and currently trading near 1.6338 from earlier 5-
week low of 1.6264.
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