Yen Slips, Euro Lifts, Brazilian GDP Hits the Real
Month-end selling dents the yen and Mario Draghi lifts the euro - it's time for your FX Fix.
The dollar weakened against most major currencies but rose against the yen, reflecting edginess about fiscal cliff negotiations but overall positive sentiment. [nasdaq.com]
European Central Bank President Mario Draghi offered an upbeat economic forecast, and the euro briefly lifted. [dailyfx.com]
Euro zone inflation fell, and unemployment rose in several countries, adding to pressure on the European Central Bank o ease monetary policy further. [WSJ]
The yen dropped in Asian trading on month-end selling y Japanese firms. [CNBC]
Japan approved its second round of stimulus in a little more than a month, ahead of December elections. [FT]
German lawmakers approved the latest bailout package for Greece by a large majority, and the euro strengthened. [CNBC]
A Swiss leading economic indicator softened, and the dollar bounced off its earlier decline against the Swiss franc. [fxstreet.com]
A disappointing Brazilian GDP report pushed the Brazilian real lower. [WSJ]
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