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Euro Zone Slumps, Yen Slips, Pound Is Weighed Down

Politics roil the yen and a Bank of England forecast sinks the pound — it's time for your FX Fix.

German officials said Greece ould receive several delayed loans in one big payment, and the euro steadied. [WSJ]

Euro zone industrial production fell at its fastest rate in over three years, worse than expected. [dailyfx.com]

Japan's prime minister said he was open to early elections, and the yen fell. [CNBC]

Technical data suggests a big pickup in dollar volatility may lie ahead. [dailyfx.com]

The Bank of England cut its economic outlook in its monthly inflation report, and the pound fell. [dailyfx.com]

Australian consumer sentiment hit its highest level in eighteen months, and the Australian dollar rose. [WSJ]

China's yuan hit another record high against the dollar after the central bank steered it to stronger levels. [WSJ]

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