Euro Slips, Aussie Skids, Iran's Rial Lifts
By: Kelley Holland | News Writer
Japan's nominee to be central bank governor said he would advocate no limits on the cash the bank can inject into the economy, as expected, and the yen rose slightly. [CNBC]
Concerns about the weak euro zone economy fueled expectations for an interest rate cut, and the euro slipped. [CNBC]
U.K. construction activity declined at its fastest pace in three years, and the British pound fell. [dailyfx.com]
China set new curbs on the property sector in an attempt to cool prices, and the Australian dollar skidded to an eight-month low. [CNBC]
Indonesia's rupiah fell against the dollar on disappointing economic reports and dollar buying by importers. [CNBC]
The Iranian rial jumped about nine percent against the dollar on a positive tone at nuclear talks and apparent government intervention. [Reuters]
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