Pound Lifts, Euro Bulls Return
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Better than expected euro zone PMI data helped the euro lift despite political uncertainty in Spain and Italy. [CNBC]
Disappointing euro zone retail sales and did not keep the euro from rising. [dailyfx.com]
The U.K. services industry returned to increased activity after a prolonged slump, and the British pound rose. [dailyfx.com]
Australia's central bank left interest rates on hold but warned of future cuts, and the Australian dollar fell. [FT]
French President Francois Hollande waded into the debate over the euro's strength, but the currency was unmoved by his comments. [WSJ]
A sharp rise in the Korean won against the yen could put a signficant dent in Korean exports, a research institute reported. [CNBC]
The yuan closed stronger as traders settled their positions ahead of a week-long market closing for the Spring Festival. [CNBC]
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