Greenback Gains on Risk Aversion Amid Falling Stocks and Weak US Consumer Confidence

EUR/USD - Greenback Gains on Risk Aversion Amid Falling Stocks The Euro-Dollar pair advanced to set a high near 1.4150 overnight, but then fell to the 1.40 level in NY trading as the greenback strengthened on the back of risk aversion and quarter-end flows. The turnaround in sentiment came as equity markets in Europe and the US fell sharply lower and consumer confidence data from the US surprised heavily on the downside. That reawakened worries about risk and the outlook for the