Aid to Spain lifts risk appetite, but not for long - it's time for your FX Fix.
The euro rose briefly on Monday after
After gaining sharply against the British pound on the news from Spain, the euro retreated and gave it back. [fxstreet.com]
Spanish bond yields, which fell initially on news of the bailout, reversed their gains. [CNBC]
News of the aid to Spanish banks sent the Australian and New Zealand dollars to four-week highs in Asian trading. [CNBC]
Average daily foreign exchange settlement volume rose in May, and values also rose. [Reuters]
Standard & Poor's warned thatIndia could lose its investment grade credit rating due to slow economic growth, and the rupee fell. [RTT]
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.
Talk back: Tell us what you want to hear about at firstname.lastname@example.org.