Earnings weigh on risk and the IMF issues a euro zone warning - it's time for your FX Fix.
Concerns about corporate earnings dampened risk appetite, and the
Leaders' stuttering progress in addressing the euro zone crisis put pressure on Spanish and Italian bonds, and sent the
The IMF warned in a new report that the euro zone is at risk of a "downward spiral of capital flight, breakup fears and economic decline." [actionforex.com]
Downbeat consumer sentiment data sent the Australian dollar lower. [WSJ]
The Bank of Japan said the strong yen was a factor in its latest rate cut, which could fuel market expectations for a new cut if the currency rises further. [WSJ]
Reports that South Africa's labor strife may be close to a resolution sent the battered rand higher. [WSJ]
MULTI CURRENCIES VS THE DOLLAR
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