GO
Loading...

Risk Appetite Rises, Pound Takes a Hit

CNBC

With the new U.S. stock market record boosting risk sentiment, commodity currencies rose. [CNBC]

The euro's gains on stock market optimism were curbed by concerns about whether the European Central Bank will cut rates. [FT]

New data confirmed the deep slide in the euro zone economy in the fourth quarter of 2012. [CNBC]

The dollar was almost unchanged against the yen in Asian trading ahead of the week-end jobs report. [WSJ]

Expectations that the Bank of England may restart its bond-buying program sent the British pound lower. [CNBC]

The yuan strengthened on robust client demand fueled by economic reports suggesting more strength ahead. [CNBC]

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Terms Dictionary. Top currency strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about - email us at moneyinmotion@cnbc.com.

Featured