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Yen's on a Roll, Dollar's on a Slide

Wednesday, 16 Mar 2011 | 10:05 AM ET

The yen strengthened against the dollar, and Bahrain's central bank is on the move — get your FX Fix right here.

The yen hit a four-month high against the dollar, and traders are wondering how high is too high for the Bank of Japan. [CNBC]

Talk about pressure on a currency: Bahrain's central bank had to move to a new location after a security crackdown in the commercial district. Oh, and the dinar was lower too. [CNBC]

The ruble got a bounce from rising oil pricesand expectations that upcoming tax payments that would require companies to convert to the Russian currency. [CNBC]

Amid a widespread flight to safe-haven currencies, some emerging market currencies have managed to hold up relatively well on expectations that those countries will be exporting more to Japan. [WSJ]

CURRENCIES FUTURES:

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

"Money in Motion Currency Trading" will repeat on Saturdays at 7pm.

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