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Dollar Awaits Jobs Report, Aussie Lifts

Friday, 8 Mar 2013 | 7:57 AM ET
CNBC

Stocks rose and the dollar hit its highest level against the yen in more than three years on optimism about the nonfarm payroll report. [CNBC]

Concerns about the British economy and the prospect of more monetary easing kept the pound near a 2 1/2-year low against the dollar. [CNBC]

China's exports grew almost 22 percent in February, and the Australian dollar hit a four-year high against the yen. [CNBC]

China issued a fresh warning against rich countries' competitive currency devaluation. [FT]

Gloomy domestic economic prospects have the South African rand struggling. [CNBC]

Norway's oil fund cut its exposure to Europe in 2012 and plowed more assets into emerging markets. [WSJ]

The cost of capping: Switzerland's central bank spent $199 billion in 2012 to enforce the cap on the Swiss franc against the euro. [smh.com.au]

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