GO
Loading...

Dollar Lifts, Aussie Slips, Poland Surprises

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]

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

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