Euro Lifts, European Central Bank Holds Steady
By: Kelley Holland | News Writer
Greek deal hopes rise and lift the euro - it's time for your FX Fix.
Hopes for strong participation in the Greek debt swap deal lifted the euro. [CNBC]
Investor optimism boosted risk appetite and sent the dollar lower. [marketwatch.com]
Further north, the Canadian dollar rose as investors grew less concerned about a chaotic Greek default. [Reuters]
Both the European Central Bank and the Bank of England left interest rates unchanged. [RTE.ie]
Talk that China may ease banks' reserve requirements helped to lift the Australian dollar. [CNBC]
Buzz alert: the Brazilian real weakened, leading Brazilian coffee producers to shed inventories - and drive coffee prices down. [FT]
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