Euro Slips, Chinese Data Disappoints
Japan has a trade surplus, the euro zone slows, and China sets off alarm bells in Asia - it's time for your FX Fix.
An unexpected decline in euro zone manufacturing and services activity in March sent the euro lower. [CNBC]
After Japan posted an unexpected trade surplus, the dollar fell against the yen, but traders said its upward trend remains intact. [WSJ]
Factory activity in China sank for the fifth consecutive month, and the Australian dollar slipped. [CNBC]
The downbeat factory-activity report from China sent commodity related assets lower, and the Canadian dollar slipped. [RTT]
Australia's central bank signed a three-year bilateral local currency swap agreement with China. [CNBC]
The South Korean won fell on worries about the impact on Asia of a slowing Chinese economy. [topforexnews.com]
MULTI CURRENCIES VS THE DOLLAR
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