GO
Loading...

Safe Havens Are Hot After European Elections

The euro gets beaten by election results, and Australians are going shopping - it's time for your FX Fix.

Elections in France and Greece reflecting a strong anti-austerity mood sent the euro to a three-month low against the dollar. [CNBC]

The safe-haven yen got a lift from investors worried about European elections, and Japan's finance minister said he is ready to respond to currency moves as needed. [Reuters]

Australian retail sales had their biggest jump in almost a year, but the Australian dollar's reaction was muted by events in Europe. [CNBC]

Indonesia's economy grew at its slowest pace in six quarters, and the rupiah is the worst-performing emerging Asia currency so far this year. [CNBC]

The prospect of new leftist leadership in Romania kept the leu close to the lows it hit after the government fell. [CNBC]

--------------------

CURRENCY FUTURES:

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 moneyinmotion@cnbc.com.