Euro Lifts, Dollar Slips, FOMC Minutes Loom
Slovakia's in the spotlight, the Senate goes after China, and the FOMC minutes are coming - time for your FX Fix.
The euro hit a three-week high against the dollar on easing concerns about Slovakia's bailout fund vote. [CNBC]
The dollar fell across the board as hopes for the bailout fund improved risk appetite. [WSJ]
Dollar investors want to see what the FOMC minutes from its August meeting reveal about QE3 appetite. [actionforex.com]
The Senate passed a bill targeting China's currency management, and the Chinese aren't happy. [WSJ]
The Australian and New Zealand dollars rose in Asian trading on a turnaround in Chinese stocks. [CNBC]
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 firstname.lastname@example.org.