Euro Lifts, German Consumer Confidence Slips, Rupee Slides
The euro awaits Greek aid and the Bank of Japan has some new doves - it's time for your FX Fix.
Hopes that the new aid to Greece finally will be released helped the euro touch a seven-month high against the yen. [CNBC]
The Australian dollar held onto Friday's gains as investors awaited another meeting of euro zone finance ministers. [WSJ]
Hopes for results from the euro zone finance ministers' eeting also supported the New Zealand dollar. [WSJ]
A German consumer confidence survey came in below expectations and a similar Italian survey also disappointed, sending the dollar higher against the Swiss franc. [fxstreet.com]
Newcomers to the Bank of Japan's board have been pressing for a stronger commitment to ultra-loose monetary policies. [CNBC]
Dollar demand from importers sent the Indian rupee to a new multi-month low against the greenback. [RTT]
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