Money in Motion

Euro Lifts, Greeks Talk, British Unemployment Rises

The Greeks talk to creditors, the British have a jobs problem, and Indonesia gets a lift - it's time for your FX Fix.

The euro rose after comments from Fitch and reports that the IMF might boost its funding capabilities. [CNBC]

Greece's upcoming meeting with creditors to try and break a deadlock in talks to stave off default weighed on the dollar. [Marketwatch]

British unemployment hit a sixteen-year high, but the pound shrugged off the news. [actionforex.com]

Moody's raised Indonesia's credit rating to investment grade, and the rupiah rose. [CNBC]

The Chinese are deciding where to open another offshore yuan trading center, and trading volumes are up. [CNBC]

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