The Won Is Winning and Japan's "Mr. Yen" Is Warning
Japan's former currency czar predicted weakness for the yen, but the Korean won and others are on an uptrend — it's time for your FX Fix.
The euro slipped as traders calculated that a likely European Central Bank rate hike was already priced in. [CNBC]
Up down under: the Australian and New Zealand dollars hit new highs. [CNBC]
Japan's "Mr. Yen", former currency czar Sakakibara, said the currency is likely to weaken for the next several months. [Reuters]
The South Korean won is winning against the dollar. [WSJ]
Bernanke watch: all eyes are on the Fed chairman today for hints about the direction of the dollar. [forexyard.com]
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.