The euro eased against other major currencies on Tuesday as risk aversion grew amid rekindled worries over the European debt crisis and weak Chinese manufacturing data.
The euro bought $1.3817 and 107.95 yen in Tokyo afternoon trade, down from $1.3851 and 108.34 yen in New York late Monday.
The European single unit fell with China's weak manufacturing data adding to the euro-negative factors, including the collapse of US brokerage MF Global, said dealers in Tokyo. The firm filed for bankruptcy protection following a string of losses from European public debt holdings, the first US casualty of the eurozone crisis.
Note EU-Digest: the manipulation of financial markets by Wall Street continues full force.
No comments:
Post a Comment