Dollar's Still Down, Ringgit Is Circling New Highs
Dollar traders hope Ben Bernanke can help out already, and Malaysia's ringgit is rising — it's time for your FX Fix.
The euro and the pound are stronger against the dollar as investors opt for higher-yielding currencies. [forexyard.com]
The Australian dollar hit yet another 29-year high against the U.S. dollar as commodity prices continue to lift. [Reuters]
Asian currencies are mostly having a good day, and the Malaysian ringgit hit a 13-year high against the dollar on expectations of higher interest rates. [Bloomberg]
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.