Euro Slips, Yen Lifts, Trading is Thin
By: Kelley Holland | News Writer
The euro stays weak, the yen gets a lift, and Poland makes a move - it's time for your year-end FX Fix.
The euro slipped further against the dollar after breaking through key support levels. It also hit a 10-year low against the yen. [CNBC]
The dollar also fell against the yen on last minute settlement orders by Japanese exporters. [WSJ]
China's yuan rose after the central bank set a higher midpoint, and is on track for a 4.5% yearly gain. [CNBC]
New details of German Chancellor Angela Merkel's role in fighting the European debt crisis are emerging. [WSJ]
The risk-sensitive Australian and New Zealand dollars strengthened as Asian stock indices rose on bullish U.S. economic data. [dailyfx.com]
Poland's central bank intervened to prop up the zloty, just before the time it is traditionally used to value the country's foreign-currency debt. [WSJ]
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