Yen and Greenback Gain Overnight on Global Growth Uncertainty, Higher Yielders Pare Some Losses in NY Trading

EUR/USD - Euro Slides Overnight on Risk Aversion, Pares Losses in NY Trading The Dollar was up in today’s trading, as risk aversion continued from last week, especially in the wake of the worse than expected non-farm payroll release from Thursday. Global equities were down today, reflecting the more downbeat attitude towards global economic recovery prospects. The Euro-Dollar pair which entered the session testing a line of support broke below that trendline, sliding to 1.3875 a 100-pip