Euro is struggling today, once again lower as forex traders consider the state of the eurozone economy. Additionally, general risk aversion is also weighing on the euro as economic jitters set in and forex traders look for safe haven. EUR/USD is back below 1.3200, and EUR/GBP looks for direction.

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Concerns about the economies of different regions are weighing on riskier assets today. Indeed, risk aversion is on the rise again, and that means Forex traders are looking for safe haven. The result is a higher dollar, with the dollar index gaining today. US dollar is higher against most other majors, although it is lower against the Japanese yen.

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The South Korean won fell today on concerns that the economic slowdown in China may negatively affect the Asian region as a whole. As of now, the currency pared some of its losses.(...)
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The Chinese yuan advanced today on the speculation that nation’s policy makers may ease regulations for banks to support the Chinese economy that is experiencing slowdown.(...)
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