GO
Loading...

Euro Stalls, Risk Appetite Wanes

European Central Bank President Mario Draghi cancels a key speech and Isaac storms ahead — it's time for your FX Fix.

European Central Bank President Mario Draghi cancelled his appearance at the Jackson Hole economic confab. [CNBC]

The euro's recent rally stalled on worries about global economic growth. [CNBC]

Falling commodity prices and the prospect of Fed Chairman Ben Bernanke possibly announcing new economic stimulus measures dented the Australian dollar. [WSJ]

With details of the European Central Bank's bond-buying program still unclear, demand for a safe haven lifted the yen. [CNBC]

With Tropical Storm Isaac bearing down, the dollar weakened against the Canadian dollar. [fxstreet.com]

The prospect of an interest rate cut is weighing on the Brazilian real. [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.