US Open Preview – Euro, pound down as European stocks recover; kiwi slips ahead of RBNZ rate decision

Here are the latest developments in global markets: Forex: The Yen extended its uptrend against the dollar, sending dollar/yen lower to 109.10 as investors maintained their risk-averse behavior after the recent sell-off in stock markets. The dollar index, though, was building positive momentum on the back of a weaker Euro and Pound, climbing to 89.87 (+0.33%). Euro/dollar slipped […]