Go Symbol Lookup
Loading...

Euro Dips, Risk Appetite Cools, Summit Looms

 Text Size  
Published: Friday, 21 Oct 2011 | 8:09 AM ET
Kelley Holland By:

News Writer

Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.

The euro dipped on nervousness about the upcoming summit. [CNBC]

The Hong Kong dollar slipped after a Chinese bank bought U.S. dollars. [WSJ]

Canadian inflation came in stronger than expected, and the Canadian dollar rose - briefly.

The Indian rupee fell and risk appetite in Asia remained soft due to the European crisis. [WSJ]

The U.K. budget deficit narrowed, but investors are fixated on the EU summit. [actionforex.com]

The European Union is in its deepest debt since its creation. [dailyfx.com]

-----------------------

CURRENCY FUTURES:

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.

 Print
Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.