Go Symbol Lookup
Loading...

Euro Slips, Aussie Gets a Lift

 Text Size  
Published: Wednesday, 24 Oct 2012 | 7:36 AM ET
Kelley Holland By:

News Writer

The euro zone is in slowdown and Singapore steps in - it's time for your FX Fix.

Business activity in the euro zone s slowing more than expected, a new report said, and the euro fell. [CNBC]

German business confidence fell for the sixth straight month, adding to downward pressure on the euro. [WSJ]

U.K. factory orders fell more sharply than expected, and the British pound weakened. [Reuters]

A new report showed China's manufacturing activity ontracting more slowly than in September, and the Australian dollar lifted. [FT]

Hong Kong's central bank intervened for the fourth time in a week, trying to curb the Hong Kong dollar's strength and protect its peg to the dollar. [CNBC]

The Monetary Authority of Singapore has been regularly intervening in the market to keep the Singapore dollar in check. [fxstreet.com]

Currency Futures

  Name Price   Change %Change
USD IDX FUT ---
EUR/USD FUT ---
USD/JPY FUT ---
GBP/USD FUT ---
USD/CAD FUT ---

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
The euro zone is in slowdown and Singapore steps in — 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.