Euro Lifts, Dollar Dips, Yen Continues Its Slide
Risk appetite grows and European Central Bank President Mario Draghi talks tough - it's time for your FX Fix.
With stock index futures indicating a risk-on mood, the dollar could fall further after Thursday night's slide. [dailyfx.com]
The yen continued its slide, apparently on selling by Japanese importers. [CNBC]
The Australian dollar rose after upbeat comments from the Reserve Bank of Australia reduced expectations for further interest rate cuts. [CNBC]
European Central Bank President Mario Draghi warned euro zone countries that there is no escape from tough austerity measures. [WSJ]
There is talk the Swiss National Bank is buying euros in an attempt to weaken the Swiss franc. [forexlive.com]
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