FXstreet.com (Buenos Aires) - Dollar and Yen close with gains against most rivals, as risk appetite returns to markets: the Dow Jones Industrial Average fell 186 points, or 2.34%, to 7789 its second straight decline, although deeper than previous session, following also red readings in Asian and European markets early Tuesday. Optimism after G20 meeting didn't last enough to dilute financial sector worries, and risk sensitive currencies such as Euro and Gbp, drag across the board. Gbp however, managed to recoup part of the lost ground by the end of the American session, closing the day just above the 1.4720 zone, while Euro consolidates around 1.3260.
Euro zone GDP for the Q4 was revised down to -1.6% q/q from previous -1.5%, and to -1.5% y/y from previous -1.3%. Q-3 GDP decline was also revised down to -0.3% from previous -0.2%. Indeed Euro is having little support to consider longer term appreciation these days.