Japan Does What it Threatened, Turkey Surprises

fx_fix_1_200.jpg

Japan acts to take the yen lower and Turkey resets everything — time for your central bank FX Fix.

Game on: Japan launches a campaign to weaken the yen, and it plummets.[WSJ]

Turkey surprised by cutting its policy rate to an all-time low, and the lira fell. [FT]

Brazil would like to follow suit with the real, but its options are limited. [WSJ]

The euro slipped ahead of today's European Central Bank meeting. [benzinga.com]

As expected, the Bank of England left British interest rates unchangedat its meeting. [CNBC]

CURRENCY FUTURES:

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.