Dollar Lifts, European Central Bank In Spotlight
Investors look for safe havens and await an ECB speech while Australians go to work — it's time for your FX Fix.
Worries over Europe and the U.S. fiscal cliff sent the safe-haven dollar and yen higher. [WSJ]
The euro weakened ahead of a European Central Bank announcement, but the bank left interest rates unchanged, as expected. [Reuters]
Greece narrowly passed new austerity measures. [WSJ]
A better than expected employment report lifted the Australian dollar. [WSJ]
China's yuan closed at the strong side of the central bank's trading band for the eighth straight day. [CNBC]
Poland's zloty led emerging European currencies lower after the central bank cut interest rates. [CNBC]
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 email@example.com.