The Euro traded lower around 0.5 percent on Wednesday taking cues from rising worries over Euro Zone debt concerns coupled with a stronger dollar. Additionally, choppy sentiments in the global markets also exerted further downside pressure on the currency yesterday. The Euro touched an intra-day low of 1.2661 and closed at 1.2702 on Wednesday.   read more

The yuan hit an all-time trading high against the dollar on Monday, supported by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011.   read more