Daily Video Recap (5/20): Commodity Currencies Sold Off on Global Growth Concerns

Worry that the euro-zone crisis will stymie the global recovery sent the bloc of currencies closely linked to commodities sharply lower. The Australian and Canadian Dollar fell, while the US Dollar an Japanese Yen gaining. The Euro rallied against the Swiss Franc, and also gained on the greenback as investors caught with shorts on the Euro against resource currencies got short-squeezed and had to close more profitable EUR/USD shorts in order to cover. News Provided by FXTimes/CMS Forex www.fxtimes.com http Analyst: Nick Nasad Open up a free practice account and start trading Forex today.