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Stocks Climb on Dovish Fed Comments; Bernanke Up Next

Dollar Lifts, Aussie Slips, Poland Surprises

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Published: Wednesday, 3 Oct 2012 | 8:16 AM ET
Kelley Holland By:

News Writer

Gloom lifts the dollar and Poland's central bank surprises - it's time for your FX Fix.

The dollar rose as downbeat economic reports from China and Australia raised concerns about the global economy. [CNBC]

Australia's trade deficit, its worst since March 2008, sent the Australian and New Zealand dollars lower. [WSJ]

China's services PMI hit its lowest point since November 2010, weighing on the antipodean currencies. [fxstreet.com]

After falling on the Chinese and Australian economic reports, the euro steadied, underpinned by a decent purchasing managers' report. [dailyfx.com]

U.K. services activity expansion slowed, but the report had little effect on the British pound. [dailyfx.com]

Countering expectations, Poland's central bank kept interest rates unchanged. [WSJ]

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Gloom lifts the dollar and Poland's central bank surprises — it's time for your FX Fix.

   
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