Euro Lifts, Kiwi Slips, Jackson Hole Looms


Draghi's comments lift the euro and Spain and the EU make a deal - it's time for your FX Fix.

Comments by European Central Bank President Mario Draghi cemented expectations that the bank will act on the debt crisis, and the euro rose. [CNBC]

A new profile of the European Central Bank's Mario Draghi says he is facing a key test in September. [NYT]

Spain and the European Union agreed on a framework for a 'bad bank' to take on toxic assets, the Spanish economy minister said. [Reuters]

The New Zealand dollar slid to a new multi-week low against the dollar and yen amid market uncertainty. [RTT]

An unexpected interest rate cut in Hungary sent the forint lower. [CNBC]



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