Swiss Franc Rises, Dollar Steadies
By: Kelley Holland | News Writer
The Swiss step back and Fed watchers are busy - time for your Wednesday FX Fix.
Euro zone inflation is steady, and the odds of more euro-boosting interest rate hikes are diminishing. [CNBC]
The dollar fell in Asian trading as traders worried about the U.S. economic outlook. [WSJ]
A satisfactory ADP report helped steady the dollar. [RTT]
Japan's central bank has spent a record amount in a largely futile attempt to stem the yen's rise. [CNBC]
The Swiss stepped back from their pattern of currency intervention and the franc rose. [FT]
Ahoy matey! Belarus plans to let its ruble float. [WSJ]
MULTI CURRENCIES VS THE DOLLAR
Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.
Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.
Talk back: Tell us what you want to hear about at moneyinmotion@cnbc.com.












