Aussie Jumps, Euro Lifts, Korea Cuts
By: Australians get to work and the euro bounces back - it's time for your FX Fix.
The euro recovered from losses after a credit-rating cut as a Spanish official said bailout-related purchases will start soon. [dailyfx.com]
The dollar rose against the yen ahead of the upcoming U.S. jobless claims report. [fxstreet.com]
Australia's latest jobs report beat expectations handily, and the Australian dollar jumped. [businessinsider.com]
China's central bank allowed the yuan to close at a record high. [Reuters]
The Bank of Korea cut interest rates and sharply lowered its economic growth forecast, and the won slipped before ticking higher. [CNBC]
As expected, Indonesia kept its interest rates steady, and most economists expect no change for the rest of 2012. [CNBC]
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