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 yen is weakening on - surprise! - expectations that the Bank of Japan will maintain its post-disaster stimulus efforts. [RTT]

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]

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