The US dollar is set to end the week lower, in spite of showing strength earlier.
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The Australian dollar dropped as political uncertainty reigned in Australia. Concerns about Julia Gillard’s stint as Prime Minister weighed on the Australian dollar.
Japanese yen is heading lower as risk appetite makes an appearance on the Forex market.
The result has been mixed for the UK pound for now, but many expect that more weakness is probably ahead for the sterling.
Euro plunged in value to start the week, thanks in large part to the latest banking crisis, located in Cyprus.