Money in Motion

Party Time Down Under, Doldrums for Dollar

Greece's bailout gives a lift, but the dollar is missing the fun - time for your Friday FX Fix.

The euro enjoyed a post-agreement relief rally, but it's  stalling as investors weigh implementation issues. [FT]

Elsewhere, though, the Australian dollar rallied on news of the deal. [WSJ]

The New Zealand dollar followed suit, hitting a 30-year high against the U.S. dollar. [Reuters]

The dollar missed all the fun as investors watched the lack of progress toward a debt-ceiling deal. [Reuters]

Fidelity plans to offer money market products in global currencies. []

The U.S. dollar turned 150 this week. Happy birthday! [FT]


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