Weekly FX roundup: Currency markets end lower

09 February 2010

World markets continued their slide as negative risk sentiment continued to drive the markets lower. After what seemed like a positive start to the week for currencies, we saw sharp selling across the board as investors poured into safer yielding assets. Against the Dollar, we saw the Euro make a low of 1.3585 (shedding close to 1.42%), the GBP lost 2.08% to trade below 1.56 for the first time since May 2009, while the Yen lost close to 1.11%.

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