GO
Loading...

Euro Bobs and Weaves, Sanctions Hit Iran's Rial

Euro zone fights continue, Iranian rial dives - it's time for your FX Fix.

The euro rose but then reversed course on rumors of a French downgrade - which didn't materialize. [dailyfx.com]

Third quarter U.K. GDP was revised higher, but the pound barely stirred. [FT]

New Zealand's third-quarter GDP rose more than expected, but the kiwi only got a brief lift. [CNBC]

A hedge fund holding Greek bonds threatened to sue debt-crisis negotiators if it has to take too big a loss, complicating efforts to reduce Greece's debt load. [CNBC]

Concern over international sanctions has pushed the Iranian rial down almost 10 percent to a record low against the dollar. [FT]

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

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.