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Yen Lifts, Euro Rises, Korea Investigates Forex Positions

Tuesday, 30 Oct 2012 | 8:57 AM ET

The Bank of Japan falls short and Europeans go shopping - it's time for your FX Fix.

The Bank of Japan announced new monetary easing, but investors had hoped for more and the yen moved higher. [CNBC]

The dollar weakened in storm-thinned trading conditions. [WSJ]

Disappointment at the Bank of Japan's stimulus steps sent the Australian and New Zealand dollars lower against the yen. [CNBC]

Euro zone economic sentiment fell less than expected in October, thanks to small improvements in the retail sector and a degree of consumer optimism, and the euro ticked up. [RTT]

The euro's strength helped lift the Chinese yuan. [CNBC]

The Bank of Korea plans to investigate forex forward positions held by banks operating in Korea in an attempt to curb the won's rise. [FT]

Currency Futures

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