Money in Motion

Euro Lifts, Volatility Lurks

Euro gets a lift, Sweden gets a cut - it's time for your FX Fix.

A successful auction of Spanish debt gave the euro a lift. [FT]

Sweden cut interest rates 25 basis points, and traders who had expected more sent the krona higher. [WSJ]

The South Korean won rose after falling sharply Monday on worries about unrest in Asia. [FT]

After falling Monday, the Turkish lira firmed after a high FX selling auction. [CNBC]

With market liquidity drying up as the end of the year approaches, the potential for currency volatility is rising. []

Chinese authorities are considering easing limits on how much foreign currency Chinese citizens can buy. [WSJ]



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