The Euro pares gains versus the Yen on Spanish and Greek concerns

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Source: Forexpros

On Monday, the Euro pulled away from a week high versus the Japanese Yen, as investors were focused on Spanish financial woes and worries about the formation of the Greek government. EUR/JPY retreated from 100.85, which was a one-week high, and consolidated at 99.60, gaining 0.08% in the European afternoon trading session.

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Mon, 18 Jun 2012 17:16:59 GMT

USD continues to grow versus CAD on Spanish worries

On Monday, the Greenback continued to gain versus the Canadian dollar, after the optimism about Greek elections started to fizzle and Spain witnessed the highest borrowing costs since it adopted the Euro. USD/CAD peaked at 1.0279 in the early U.S. trading session, and later consolidated at 1.0264, which was a 0.49% gain for that session.

Mon, 18 Jun 2012 15:10:56 GMT

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