Money in Motion

Euro Slips, Aussie Dollar Lifts


Heavy bank borrowing dents the euro, and the Bank of England is dovish - it's time for your FX Fix.

The euro fell after banks borrowed more than expected from a European Central Bank money tender.  [CNBC]

Improving risk appetite sent the South Korean won higher in Asian trading. [WSJ]

The Australian dollar rose on encouraging U.S. economic data. [WSJ]

The Bank of England's interest-rate decision in early December was unanimous, minutes show. []

Consumer confidence in the U.K. fell further in December, a report said, a day after the Nationwide survey indicated otherwise. [RTT]



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