Currencies
Currencies News
Euro Erases Gain as Cyprus Deal Undermines Investor Confidence
The euro erased a gain versus the dollar after touching the highest level in more than a week on concern political wrangling about the deal to bail out Cyprus has undermined faith in Europe’s financial system.
South Korea Escalates Concern With Japan Policies on Yen
South Korea’s newly appointed finance minister, Hyun Oh Seok, revived his nation’s concerns over weakness in the yen and said that the Group of 20 nations should revisit the issue.