Dollar Lifts, Yuan May Loosen Up
The Fed buoys the buck and China's president talks reform — it's time for your FX Fix.
The dollar rose broadly after improving U.S. data and a slight upgrading of the Federal Reserve's forecasts. [CNBC]
China's president says the country will accelerate currency reforms and yet the yuan float more freely. [CNBC]
The euro inched higher after the release of fresh data on consumer prices and industrial production. [RTT]
A more upbeat tone from the Federal Reserve and weak domestic data sent the Australian dollar lower. [WSJ]
Disappointing U.K. labor market data weighed on the British pound. [FT]
Brazil's finance minister said the country will continue trying to rein in its currency while addressing chronic structural economic problems. [WSJ]
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