Euro Gets Choppy, Bank of Japan Holds Steady
Negotiations and economic news roil the euro but Japan stays the course — it's time for your FX Fix.
The dollar was mixed ahead of the upcoming Fed meeting, amid a wave of corporate earnings reports and encouraging economic news from Europe. [Nasdaq]
Brazil's real weakened after inflation jumped and the finance minister again raised the prospect of forex intervention. [WSJ]
The Indian rupee hit a 10-week high on optimism about the euro zone's prospects. [WSJ]
The Bank of Japan kept interest rates steady, as expected, and warned about future growth. [Reuters]
Switzerland should maintain an expansionary monetary policy because inflation pressures are low, according to the Organization for Economic Cooperation and Development. [RTT]
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.