Euro is heading higher today, even though global stocks are falling and there is some risk aversion entering the markets. Gold prices are on the rise, though, and that seems to be providing a bit of a boost to the 19-nation currency.
Euro is getting some help today, thanks in large part to higher gold prices. Gold is moving higher, gaining more than $35 an ounce as global stocks plunge lower. There is a lot of uncertainty right now, and normally that would weigh on the euro, but the 19-nation currency seems to be holding its own, except against the yen.
Also helping the euro is the fact
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