Yen and Swiss Franc Lift, Dollar Drags
The dollar slides, and traders are watching for central bank moves - it's time for your FX Fix.
With the dollar slipping further against the yen, there is talk of a possible Bank of Japan intervention. [forexyard.com]
A disappointing producer price index in Europe weighed on the euro. [fxstreet.com]
The Swiss franc edged close to the level where the central bank has said it will defend the currency. [FT]
With concerns about global growth easing, the Australian dollar hit a five-month high. [marketwatch.com]
The British pound rose on better than expected manufacturing data. [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.