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Yen Lifts On Central Bank Move, Euro Swings

Tuesday, 22 Jan 2013 | 8:06 AM ET
CNBC

Japan's central bank announced new stimulus plans and raised its inflation target, and the yen fell briefly before firming on disappointment that the stimulus is not immediate. [CNBC]

Japan's economics minister says the country has no intention of allowing politics to guide foreign exchange rates. [CNBC]

The euro fell briefly against the yen after worries that German banks will be asked to split their investment banking operations sent European stocks lower. [CNBC]

Lower volatility in the FX markets cooled demand for currency safe havens, and the dollar slipped. [dailyfx.com]

A survey of German economic sentiment beat expectations, enbaling the euro to reverse earlier weakness. [CNBC]

Brazil's real weakened early on worries about trade and investment outflows. [WSJ]

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