Euro Dips, Swedish Krona Is Airborne
Crisis mode continues in Europe and the Swedish krona is flying high — it's time for your FX Fix.
The euro dipped as investors remained cautious about leaders' progress toward debt crisis resolution. [CNBC]
Is Spain stumbling toward a full bailout? [CNBC]
The Swedish krona hit a 12-year high against the euro, and talk of a possible interest rate cut is picking up. [CNBC]
Soft U.K. housing prices sent the British pound lower against the dollar and the euro. [fxstreet.com]
Indonesia's GDP beat forecasts, but most analysts expect the central bank to keep interest rates on hold. [CNBC]
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.