Euro Slips, Dollar Dips, Singapore Gets a Lift
The euro slips on debt worries and the dollar dips awaiting Bernanke - it's' time for your FX Fix.
As investors focused on the prospect of more stimulus talk this week from Fed Chairman Ben Bernanke, the dollar slipped against the yen. [Reuters]
Improving global sentiment and stronger stocks lifted the Australiandollar, but traders said it may not last. [WSJ]
The euro eased on concerns about the debt crisis, but the move was tempered by hopes that Fed Chairman Ben Bernanke will hint at more monetary stimulus. [CNBC]
Germany's top court will keep markets waiting and announce its verdict on the new tools for fighting the euro debt crisis in September. [Reuters]
Singapore could become another offshore center for the Chinese yuan, joining Hong Kong. [FT]
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