Dollar Lifts, Euro Slips, Hungarian Forint Skids
A German bond auction underwhelms and the dollar lifts - it's time for your FX Fix.
Euro zone inflation eased, raising the likelihood that the European Central Bank will cut interest rates later in the year. [Reuters]
British net lending to individuals rose but mortgage approvals were largely unchanged, and the pound weakened slightly. [dailymarkets.com]
The Hungarian forint hit an all-time low against the euro on investor concerns about government policies. [marketwatch.com]
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