The Yen Calms Down, but Action Continues Elsewhere
By: Kelley Holland | News Writer
The yen is settling into a range after coordinated intervention by G-7 countries, but there's plenty of excitement elsewhere. Your daily FX fix, right here.
Well THAT was exciting. The yen is back in range of pre-crisis levels after coordinated intervention by G-7 countries. [CNBC]
Want the story behind the intervention? It's right here. [CNBC]
The dollar rose against the Swiss franc and the euro after Libya declared a cease-fire against rebels there. [WSJ]
The British pound was off against the euro after disappointing consumer-confidence figures were released. [Reuters]
CURRENCIES
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.
"Money in Motion Currency Trading" repeats on Saturdays at 7pm.
The yen is settling into a range after coordinated intervention by G-7 countries, but there's plenty of excitement elsewhere — it's time for your FX Fix.
