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Euro Lifts, Pound Sinks, Soros Talks Tough

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Published: Tuesday, 16 Oct 2012 | 8:06 AM ET
Kelley Holland By:

News Writer

Earnings lift the dollar and Panama wants in on the euro - it's time for your FX Fix.

Upbeat retail sales data and strong earnings from Citigroup lifted the dollar against the yen. [CNBC]

A Spanish bailout looks increasingly likely, and that prospect is sending the euro higher. [dailyfx.com]

U.K. inflation fell close to a three-year low, and the British pound slipped. [dailyfx.com]

Comments on the economy from Australia's central bank were less downbeat than feared, and the Australian dollar rose. [theaustralian.com]

Panama 's president told Germany' Angela Merkel Panama wants to adopt the euro as legal tender alongside the dollar. [CNBC]

Fund manager George Soros demanded that Germany prevent the euro from "destroying the European Union." [CNBC]

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CURRENCY FUTURES:

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GE

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

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Earnings lift the dollar and Panama wants in on the euro — it's time for your FX Fix.

   
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