Go Symbol Lookup
Loading...

Euro Lifts, Yen Slips, EU Gets the Prize

 Text Size  
Published: Friday, 12 Oct 2012 | 8:02 AM ET
Kelley Holland By:

News Writer

Optimism lifts the euro and China lets the yuan lift - it's time for your FX Fix.

The euro rose after euro zone August manufacturing data beat expectations. [FT]

China guided the yuan to its highest level in almost two decades, a possible conciliatory gesture ahead of the U.S. election. [WSJ]

Easing risk aversion sent the yen lower. [Reuters]

Germany's finance minister predicted that most of the uncertainty related to the euro zone crisis will be overcome in a year. [dailyfx.com]

With investor hopes building that the global economy may be in better shape than expected, the Australian dollar rose. [nasdaq.com]

Singapore's central bank said it plans to maintain a modest and gradual appreciation of the Singapore dollar. [fxstreet.com]

We have a winner: the European Union was awarded the Nobel Peace Prize in part for its efforts to contain the debt crisis . [WSJ]

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

CURRENCY FUTURES:

90falsefalsefalse300truetruetruefalsetruefalsebottomfalselarge1dayoverviewfalsefalsefalse0truehttp://api-cdn.cnbc.com/api/chart/chart.asp

GE

4true3DXC1:$ INDEX FUT::::future#UROC1:EUR FUT::::future#JYC1:JPY FUT::::future#BPC1:GBP FUT::::future#CDC1:CAD FUT::::future#

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.

 Print
Optimism lifts the euro and China lets the yuan lift — it's time for your FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.