GO
Loading...

Yen Slips, Pound Lifts, Yuan on a Roll

Thursday, 25 Oct 2012 | 7:59 AM ET
  Price   Change %Change Volume
USD IDX FUT
---
EUR/USD FUT
---
USD/JPY FUT
---
GBP/USD FUT
---

Easing hopes hit the yen and British GDP rebounds — it's time for your FX Fix.

The yen hit a four-month low against the dollar on expectations of more easing from the Bank of Japan. [CNBC]

GDP in the U.K. rose at its fastest rate in five years, and the British pound rose. [WSJ]

After the Federal Reserve left interest rates unchanged, as expected, and offered no surprises, the dollar turned slightly softer overnight. [actionforex.com]

Recovering confidence in the Chinese economy sent the yuan to a record high against the dollar. [WSJ]

New Zealand's central bank held interest rates steady, and the New Zealand dollar rose. [dailyfx.com]

The Swedish krona dipped after the Riksbank left the repo rate unchanged, but when it said it expects it to be lower in the fourth quarter, the krona reversed course. [fxstreet.com]

Brazil's finance minister has admitted that the government is closely controlling the level of the Brazilian real within a tight band. [FT]

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

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