Party Time Down Under, Doldrums for Dollar
Greece's bailout gives a lift, but the dollar is missing the fun - time for your Friday FX Fix.
The euro enjoyed a post-agreement relief rally, but it's stalling as investors weigh implementation issues. [FT]
Elsewhere, though, the Australian dollar rallied on news of the deal. [WSJ]
The New Zealand dollar followed suit, hitting a 30-year high against the U.S. dollar. [Reuters]
The dollar missed all the fun as investors watched the lack of progress toward a debt-ceiling deal. [Reuters]
Fidelity plans to offer money market products in global currencies. [bizjournals.com]
The U.S. dollar turned 150 this week. Happy birthday! [FT]
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