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Happy Days Are Here Again in Europe

The euro is up on rumors of possible central-bank buying, and the Swiss franc and British pound are up on actual news. It's time for your FX Fix.

The euro started rising as rumors spread about what the European Central Bank might be buying. Also, Portugal survived its bond auction. [WSJ]

Swiss inflation accelerated in February, and the Swiss franc followed suit. [RTT]

The British pound is up on news that its past weakness helped bring down the trade deficit. Whatever. [economy-news]

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