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Euro Zone Sees Divergence, Kiwi Lifts

Tuesday, 29 Jan 2013 | 7:54 AM ET
CNBC

German consumer confidence rose, but French consumer confidence was flat and Spanish retail sales fell sharply, underscoring the divergence in the euro zone. The euro edged lower. [WSJ]

The dollar slipped slightly on possible dollar selling by Japanese exporters, but still hovered near a 2 1/2 year high against the yen. [CNBC]

An unexpected trade surplus in New Zealand sent the New Zealand dollar higher. [actionforex.com]

A rebound in business confidence sent the Australian dollar higher. [WSJ]

Experts are weighing in on whether the European Union should stick together. [NYT]

Sixty percent of economists polled in a new survey expect Britain to lose its AAA credit rating in the next twelve months. [CNBC]

Malaysia's central bank told banks to use a local FX reference rate rather than a Singapore-based fixing now in use by many traders. [CNBC]

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