Pound Lifts, Strong Aussie Stings
Australian business conditions deteriorate and U.K. inflation lifts — it's time for your FX Fix.
International lenders stopped short of giving additional aid to Greece, and the euro slid. [CNBC]
The dollar and yen rose in Asian trading as risk-averse investors sought safe havens. [dailyfx.com]
U.K. inflation rose unexpectedly, and the British pound followed suit. [RTT]
Australian business conditions deteriorated sharply, thanks to a mining slowdown and a strong Australian dollar. [marketwatch.com]
The New Zealand dollar rose in European trading, helped by a positive report on China exports. [RTT]
With worries about the U.S. economy and the euro zone curbing risk appetite, the ruble sank to a two-month low. [WSJ]
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