The pound fell against the euro this week, touching an almost one-month low, as European Central Bank President Mario Draghi refrained from adding stimulus, damping the relative allure of the British currency.
The Netherlands’ outlook for its Aaa credit rating was increased to stable from negative by Moody’s Investors Service, which cited an improving outlook for growth and reduced risks for the euro area’s economy.
The Canadian dollar declined the most in more than two weeks after employers unexpectedly eliminated jobs in February, reviving speculation the central bank may need to cut interest rates to bolster economic growth.
The ruble was set for a fourth consecutive weekly decline of more than 1 percent, while Russian stocks fluctuated as lawmakers signaled they will accept the accession of Crimea to the Russian Federation.
Thailand’s baht gained this week, after falling in each of the previous two periods, on increased fund inflows as anti-government protesters removed blockades at four main intersections in central Bangkok.