Euro Slips, Risk Appetite Lifts, Chilean Peso Is Popping
Australians get to work, but euro investors are losing steam - it's time for your FX Fix.
Waning optimism about central bank action to resolve Spain and Italy's debt woes sent the euro lower. [CNBC]
An unexpectedly strong employment report lifted the Australian dollar. [theaustralian.com/au]
Slowing inflation in China led investors to hope for stimulus action, and emerging Asian currencies rose. [brecorder.com]
Australia's stronger than expected employment report and improving risk appetite sent the yen lower. [FT]
South Korea kept interest rates on hold, as expected, but investors are pricing in a rate cut before long. [CNBC]
The Chilean peso has been rising despite falling copper prices, and analysts question how long the divergence can last. [WSJ]
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