Yen Gets a Lift, Swiss National Bank Talks Tough
Indonesia's quake hits the rupiah and Cambodia tries to de-dollarize - it's time for your FX Fix.
Worries that euro zone debt problems could stunt global growth sent the yen higher against the dollar. [CNBC]
Still, a successful German bond auction and stock futures pointing up sent the euro higher. [fxstreet.com]
A massive earthquake off Indonesia's coast sent markets there tumbling, and the rupiah fell. [financialpost.com]
The Swiss franc strengthened even as the Swiss National Bank vowed to maintain a floor against the euro. [RTT]
China may allow Chinese corporations to borrow yuan offshore in its latest move to stimulate cross-border capital flows. [WSJ]
The Cambodian government is trying to gradually reduce use of the dollar and boost the presence of the riel. [WSJ]
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 email@example.com.