Euro Slips, Greece Extends, Yuan Dips


Italian Prime Minister Mario Monti announced he will resign in 2013, and the euro and Italian bonds fell on the new uncertainty. [CNBC]

The Hong Kong Monetary Authority intervened again in an ongoing attempt to keep the Hong Kong dollar in check. [CNBC]

Weaker than expected trade data from China failed to dent risk sentiment, and the Australian and New Zealand dollars approached one-month highs against the euro. [CNBC]

The Brazilian real strengthened in early trading as investors weighed the prospect of more central bank intervention. [WSJ]

Greece, needing to buy back debt to receive its next aid tranche, extended its debt-buyback deadline by one day after initial offers fell short. [RTT]

Chinese banks stepped up their dollar buying, and the yuan fell. [WSJ]