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Dollar Awaits Data, China Shifts Reserves

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Published: Thursday, 1 Mar 2012 | 8:25 AM ET
Kelley Holland By:

News Writer

China's dollar reserves drop, and U.S. economic data awaits - it's time for your FX Fix.

The euro hit a one-week low against the dollar after the European Central Bank's refinancing operation. [CNBC]

After Wednesday's rise, the dollar stabilized ahead of the release of U.S. economic data. [WSJ]

China appears to have slashed the portion of reserves it parks in dollars to a decade low. [WSJ]

The Australian and New Zealand dollars edged higher after robust data at home and in China. [CNBC]

Switzerland's economy grew more than expected in the fourth quarter, easing pressure on the central bank to take more steps to stem the Swiss franc's rise.

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China's dollar reserves drop, and U.S. economic data awaits - it's time for your FX Fix.

   
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