Go Symbol Lookup
Loading...

Euro Steadies, Greek Elections Weigh

 Text Size  
Published: Tuesday, 12 Jun 2012 | 8:02 AM ET
Kelley Holland By:

News Writer

Greek elections weigh on sentiment and Tokyo gets pricey - it's time for your FX Fix.

The euro steadied after the euphoria from Spain's bank bailout faded, but the Greek elections still weigh on the currency. [CNBC]

Emerging market currencies weakened on worries about the euro zone. [WSJ]

With the yen so strong, it's okay to intervene, the IMF told Japan - and the yen fell against the euro and dollar. [WSJ]

Bank of Japan Governor Shirakawa called for exchange-rate flexibility in big Asian economies to ward off abrupt shifts in capital flows. [Reuters]

Hong Kong's former monetary chief said the country should review its dollar peg and consider linking to the Chinese currency. [FT]

Tokyo is now the most expensive city in the world for expats, thanks to the yen's rise. [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.

 Print
Greek elections weigh on sentiment and Tokyo gets pricey - it's time for your FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.