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Dutch Bonds Lift Euro, But Politics Sap Risk Appetite

A Dutch bond sale reassures, but investors are looking for havens - it's time for your FX Fix.

A decent Dutch bond auction eased worries about European political strains and supported the euro. [CNBC]

Inflation in Australia rose far less than expected, clearing the way for an interest rate cut in May. [CNBC]

The yen rose for a second day on concerns about the political uncertainty in the Netherlands and France. [ibtimes.com]

Demand for a safe haven in the currency market is lifting the British pound. [FT]

The Chinese yuan rose slightly even though the central bank guided it lower. Traders said hopes for appreciation have faded with the news of the wider trading band. [WSJ]

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