Euro Lifts as Euro Leaders Keep Hope Alive
European leaders talk, China creates an investment fund - it's time for your FX Fix.
The euro rallied on optimism that the deal could make a dent in the debt crisis. [RTT]
China is creating a new $300 billion investment fund, and risk assets like the Australian dollar rose on hopes it could help troubled European countries. [fxstreet.com]
Producer price inflation rose unexpectedly in Britain, and the pound lifted. [dailymarkets.com]
Jobless claims and inventory data had little impact on the dollar as investors awaited news from Europe. Trade balance and consumer sentiment are due out today. [forexyard.com]
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