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Euro Lifts, Kiwi Flies

Wednesday, 20 Jul 2011 | 8:54 AM ET

Bulls are running in Europe and kiwis are lifting off - time for your FX Fix.

Optimism about Thursday's euro zone leader summit is pushing the euro higher. [WSJ]

Japan will take decisive steps on the yen's strength if necessary, says Finance Minister Yoda. [Reuters]

The Canadian dollar is stronger on hopes that the Bank of Canada will raise interest rates sooner than expected. [globeandmail.com]

After rising on word of progress in debt-limit talks, the dollar is drifting lower again. [marketwatch.com]

The progress in the U.S. is boosting investors' risk appetite and lifting the Australian dollar. [smh.com.au]

The New Zealand dollar also rose, to a new post-float high. [stuff.co.nz]

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