Euro Lifts, Yen Dips Amid Central Bank Meeting Blitz


Central banks hold steady and Spain manages a sale - it's time for your FX Fix.

The European Central Bank left interest rates unchanged at today's meeting, as expected, and the euro rose. [Reuters]

Speculation that the Bank of Japan's Friday meeting may bring new monetary easing sent the yen lower. [WSJ]

The British pound traded quietly after the Bank of England, as expected, left interest rates and its quantitative easing program unchanged. []

Spain managed a successful bond auction, with yields lower than at its previous sale. []

With the Iranian rial in freefall, free-market trade in the currency appears to have almost halted. [Reuters]

The Indian rupee hit its highest level since April 20 on expectations that the government will introduce new measures to spur growth. [WSJ]



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