Dear Trader,
Currency markets started off in a nervous mode Monday, after a barrage of negative news created a hustle mix for risk sensitive currencies and boosted currencies seen as safe retreats, such as the Swiss franc, which recorded a series of highs against the euro.
The negative news are with Europe’s sovereign-debt crisis being in the spot light, Standard & Poor’s Ratings Services threatening to cut Italy’s credit rating and Spain’s electoral loss with woes about austerity measures, all of which lead to slumping European stocks.
Accordingly, the Euro slumps down against the dollar, Oil prices dive, Gold prices rally and finally U.S.
Today, traders will eye on major euro news, with data release from 
