Dollar Drops, Kiwis Fall
Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints - it's time for your daily FX Fix.
The dollar is sinking on worries about debt-ceiling gridlock, breaching a key level against the Swiss franc. [CNBC]
Japan may be getting ready to intervene to stem the yen's rise, some investors think. [CNBC]
The kiwi slipped after New Zealand's trade surplus fell more than expected. [marketwatch.com]
The British pound hit a two-week low against the euro as investors anticipated a weak GDP report. [Reuters]
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