Money in Motion

Euro Dips, Dollar Lifts, Pound Holds Steady


Spain's borrowing costs rise and the European Central Bank meeting threatens - it's time for your FX Fix.

's borrowing costs rose in its latest debt auction, and the euro dipped. [CNBC]

The dollar rose against the euro and the Australian dollar ahead of today's European Central Bank meeting as investors trimmed their sails. [WSJ]

The Brazilian real touched a five-month low on the back of lower interest rates and disquieting news from Europe. [FT]

Despite a disappointing report on U.K. housing prices, the British pound held firm. []

New Zealand unemployment rose to 6.7%, worse than expected, and the New Zealand dollar fell. []



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