Euro Slips, Aussie Skids, Iran's Rial Lifts

Monday, 4 Mar 2013 | 7:35 AM ET

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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