Australian Dollar Lifts, Nonfarm Payrolls Await
Chinese inflation slows and the nonfarm payroll report looms - it's time for your FX Fix.
The Greek debt swap was a success, but investors worried about other troubled countries, and the euro fell. [CNBC]
A low reading on Chinese inflation lifted hopes for more easing there, and boosted the Australian dollar. [economictimes.com]
Canada's unemployment unexpectedly dropped in February, but the Canadian dollar's initial reaction was muted. [fxstreet.com]
Strong guidance from China's central bank sent the yuan higher. [WSJ]
Central bank officials in Norway are nervous about the rise of the Norwegian krone. [FT]
Investors are bracing for currency volatility after the release of the U.S. nonfarm payroll report. [forexyard.com]
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 firstname.lastname@example.org.