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Dollar Slips, Yen Slides, Copper Prices Lift the Aussie

Risk appetite is on the rise and the Bank of India is ready to move - it's time for your FX Fix.

Optimism about negotiations on the U.S. fiscal cliff raised risk appetite and sent the dollar lower. [FT]

The euro rose ahead of Tuesday's talks on another tranche of aid to Greece. [dailyfx.com]

Fears of more monetary easing sent the yen to a seven-month low against the dollar. [CNBC]

A rally in copper prices and a pickup in risk appetite gave the Australian dollar a boost. [CNBC]

Producer prices declined in New Zealand, but the New Zealand dollar showed little reaction. [dailyfx.com]

China's yuan hit its daily upper limit boosted by local currency demand. [WSJ]

The Bank of India is prepared to intervene in the markets to rein in any sharp fall in the rupee, a top official said. [WSJ]

Currency Futures

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%Change
Volume
USD IDX FUT
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EUR/USD FUT
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USD/JPY FUT
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GBP/USD FUT
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