EUR / USD: risk aversion leads to a pullback from 1.4000

Good morning. The market is nervous and the Nikkei index lost more than 10% amid concerns sparked by Japan’s nuclear crisis. The euro fell to 1.3892 against the dollar from 1.4000 following the tone of the EUR / JPY, metals and other peers of the Dollar has gained ground against major currencies. The most important economic news today in the forex calendar is the release of the FOMC interest rates and subsequent U.S. statements of its leaders to be held at 19:15 UTC. Yesterday the price rose to 1.40 but no …

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