Go Symbol Lookup
Loading...

Yen Slides, Brazil Gets 'Real' Tough

 Text Size  
Published: Friday, 2 Mar 2012 | 7:52 AM ET
Kelley Holland By:

News Writer

Japanese data disappoints and Brazil fights its currency's strength - it's time for your Friday FX Fix.

The dollar hit a nine-month high against the yen after Japanese core consumer prices fell - again. [CNBC]

Weaker than expected economic data in the U.S. and Europe sent the euro lower for a third day. [FT]

Strong stock and commodity prices lifted the Australian dollar against the yen and the dollar. [CNBC]

Brazil is stepping up its battle to curb the yen's rise. [CNBC]

European Union leaders met in Brussels, where 25 of 27 countries signed the new fiscal compact. [Reuters]

China widened its trade-settlement rules, boosting its efforts to make the yuan a more international currency. [Reuters]

-------------------

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.

 Print
Japanese data disappoints and Brazil fights its currency's strength - it's time for your Friday FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.