Euro Steadies, Kiwi LIfts, UK Trade Balance Slides
By: Kelley Holland | News Writer
CNBC
The euro ticked higher after the European Central Bank held interest rates steady, but investors were wary of a downbeat economic forecast. [FT]
Traders want to trade the yuan at the offshore rate, above the official rate, and the market resistance kept the currency deadlocked at its limit-up level. [CNBC]
The euro zone economy contracted for the second straight quarter. [WSJ]
A larger than expected decline in the U.K. trade balance failed to dent the British pound. [dailyfx.com]
New Zealand's central bank kept interest rates unchanged, and the New Zealand dollar rose. [RTT]
Steady interest rates right the euro but the euro zone economy shrinks again - it's time for your FX Fix.
