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Euro Lifts, Yen Dips, Krona Slips

The euro hangs on fiscal cliff news and the pound feels pressure from rating cut worries - it's time for your FX Fix.

The dollar and yen traded in a tight range as fiscal cliff negotiations ontinued. [WSJ]

Rekindled hopes that U.S. policymakers will avoid the fiscal cliff ave the euro some support and took the safe-haven yen off its highs. [CNBC]

A rise in German unemployment failed to dent the euro, which was buoyed by hopes for progress in U.S. fiscal cliff negotiations. [FT]

Worries that Britain could lose its triple-A credit rating re putting pressure on the British pound. [WSJ]

Euro zone business confidence rose for the first time since last spring. [WSJ]

Swedish GDP beat forecasts but remained weaker than the last report, and the Swedish krona slipped against the euro. [fxstreet.com]

Gloomy economic data from Canada has investors starting to wonder if the Canadian dollar's strength is about to fade. [FT]

Currency Futures

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USD/JPY FUT
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