GO
Loading...

Euro Slips, Risk Appetite Lifts, Chilean Peso Is Popping

Thursday, 9 Aug 2012 | 8:02 AM ET

Australians get to work, but euro investors are losing steam - it's time for your FX Fix.

Waning optimism about central bank action to resolve Spain and Italy's debt woes sent the euro lower. [CNBC]

An unexpectedly strong employment report lifted the Australian dollar. [theaustralian.com/au]

Slowing inflation in China led investors to hope for stimulus action, and emerging Asian currencies rose. [brecorder.com]

Australia's stronger than expected employment report and improving risk appetite sent the yen lower. [FT]

South Korea kept interest rates on hold, as expected, but investors are pricing in a rate cut before long. [CNBC]

The Chilean peso has been rising despite falling copper prices, and analysts question how long the divergence can last. [WSJ]

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

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.

Featured