Euro Rises, Kiwi Falls
Europe is the place to be, but watch out for falling kiwis — it's time for your FX Fix.
The euro rose after a successful Spanish bond sale, even though Moody's cut Greece's rating three notches. [FT]
The dollar index hit a one-month low after a string of weak economic data. [Reuters]
All that data is also hurting the New Zealand dollar, which is retreating from a post-float high. [nbr.co.nz]
The Swiss franc is rising again as investors reduce their exposure to risk. [dailyfx.com]
Vietnam is taking new steps to halt the dong's slide. [WSJ]
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