GO
Loading...

Germany Gives, Euro Gains

Germans are caving and Russians are raising - rates, that is. Time for your daily FX Fix.

Germany may be willing to make concessions on a Greek bail-out plan, and the euro is riding higher. [WSJ]

The dollar is weaker relative to the euro, more on the euro's own move than on gloomy housing data. [CNBC]

The news from Europe is boosting risk appetites, and the Australian dollar and the kiwi are rising - in the kiwi's case, to a new post-float high. [Reuters]

Moody's put Japan's credit rating under review and the yen is sagging. [WSJ]

Surprise! Russia unexpectedly raised a key deposit rate in a bid to curb inflation. [NYT]

CURRENCY FUTURES:

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.

"Money in Motion Currency Trading" repeats on Saturdays at 7pm.