GO
Loading...

Yen Slips, Dollar Lifts, Euro Manufacturing Slows

The yen takes a hit, the currency market slows down - it's time for your FX Fix.

The yen hit a seven-month low against the dollar after recent monetary easing by the Bank of Japan. [CNBC]

Growth in German manufacturing and services slowed in February, a new report showed, and the euro is under pressure. [CNBC]

The purchasing managers' index for the overall euro zone bloc also came in lower than expected. [dailyfx.com]

The Australian and New Zealand dollars nudged lower as investors took profits on the currencies after the Greek bailout deal. [CNBC]

The currency market is experiencing its first slowdown since the 2008 financial crisis. [WSJ]

The British pound hit a 10-week low against the euro after Monetary Policy Committee minutes showed some members had voted for more extensive quantitative easing. [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.

Featured