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Australian Dollar Lifts, Nonfarm Payrolls Await

Friday, 9 Mar 2012 | 8:03 AM ET

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]

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