Dollar Lifts, Euro Sags, Turkish Lira Gets a Boost
By: 
The dollar gets a safe-haven lift and the Turkey reaches investment grade - it's time for your FX Fix.
Risk appetite waned as the U.S. election loomed, and the dollar got a lift. [CNBC]
Uncertainty about an upcoming fracas in Greece ver austerity measures weighed on the euro. [CNBC]
Lingering expectations of more easing measures y the Bank of Japan kept the yen in check. [WSJ]
Hedge funds are cutting back on bets that the dollar will weaken. [FT]
Australian retail sales beat expectations, and the Australian and New Zealand dollars rose. [TVNZ.co.nz]
The Brazilian real weakened on event risk from the U.S. election and concerns about Greece. [WSJ]
Fitch Ratings raised Turkey's credit rating to investment grade, and the Turkish lira jumped. [WSJ]
With an interest rate cut possible later this week, traders said the Kenyan shilling was poised to weaken. [CNBC]
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.
