Euro Rises, Pound Lifts, Yen Awaits the Bank of Japan


German business confidence lifts the euro and the British are shopping - it's time for your FX Fix.

The euro rose on Friday after a better than expected German business sentiment survey, but worries about Spain remained. [CNBC]

The Australian dollar fell and the New Zealand dollar was poised for its biggest weekly loss this year on weak Asian stock markets. [CNBC]

Strong U.K. retail sales numbers lifted the British pound to a five-month high against the dollar. [WSJ]

The French Socialist presidential candidate, running neck and neck with Nicolas Sarkozy, pressed the European Central Bank to do more to deal with the debt crisis. [WSJ]

Expectations of more easing by the Bank of Japan kept the yen near a ten-day low against the dollar. [Reuters]



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