Aussie is retreating after showing some signs of gains earlier. Now, though, Aussie is heading lower as risk aversion sets in. Concerns about sovereign debt in Europe, and the budget issues plaguing the US, are weighing on riskier currencies today.

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Read the rest of Aussie Retreats as Risk Aversion Sets In (153 words)

Euro is higher right now, gaining as some Forex traders engage in short covering. However, the 17-nation currency is still vulnerable to debt problems — in the eurozone and in the US.

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Read the rest of Euro Higher for Now, But Debt Remains a Problem (153 words)

The South African rand rebounded today after yesterday’s decline on the speculation the central bank will keep its interest rates unchanged, continuing to draw foreign investors.(...)
Read the rest of SA Rand Rebounds on Outlook for Interest Rates (125 words)

The Brazilian real ticked down as the developments in the global economy made investors favor safer assets over riskier ones.(...)
Read the rest of Global Economy Unfavorable for Riskier Currencies, Brazilian Real Drops (86 words)