Money in Motion

Euro Firms, Kiwi Sags

The Wednesday Watch is on in Europe, and investors are hopeful - time for your FX Fix.

The euro was buoyed by hopes that European leaders will unveil a solid debt-crisis plan on Wednesday. [CNBC]

Most emerging Asian currencies also rose on hopes for a deal. []

The New Zealand dollar slipped on below-forecast CPI data ahead of a central bank meeting. []

Traders are waiting for Turkey's central bank to unveil a plan to support the lira. [CNBC]

The Chinese yuan rose against the dollar after the central bank set a record high mid-point. [Reuters]


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