Confusion in Europe, Gloom in Japan
Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.
The Brazilian real is near a 12-year high on expectations of higher interest rates. [WSJ]
Worse than expected business sentiment in Japan is hurting the yen. [WSJ]
What with optimism about Greece, changes in plans for a finance-minister meeting, and comments on Italy from Standard & Poor's, the euro is bouncing. [WSJ]
Public sector strikes in Britain and disappointing economic reports are denting the pound. [FT]
Now that the Greek crisis has eased, everyone can worry about global growth again, and that should lift the dollar. [dailyfx.com]
The Malaysian ringgit is on a roll now that investors are willing to take on risk again. [IBTimes.com]
Multi Currencies vs. the Dollar
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.