Euro Briefly Lifts, Yuan Hits a Record
A Greek aid deal briefly lifts the euro and the OECD issues a warning - it's time for your FX Fix.
The euro briefly hit a one-month high after global lenders reached a deal on new debt targets and an aid-disbursement plan for Greece. [CNBC]
Improved risk appetite in the wake of the Greek aid agreement lifted the Australian and New Zealand dollars. [economictimes.indiatimes.com]
The OECD issued a strong warning hat the global economy is at risk of a new contraction unless U.S. and European policymakers resolve their fiscal problems. [WSJ]
Swiss consumer demand improved, but the news failed to lift the Swiss franc. [dailyfx.com]
The Chinese yuan closed at a record high as companies tried to unwind long dollar positions n thin trading. [CNBC]
Hungary's forint firmed before a central bank meeting that is expected to result in an interest rate cut. [CNBC]
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