Money in Motion

Aussie Lifts, Bank of Japan Holds Steady

Hopes rise for euro debt resolution and lift risk-on currencies — it's time for your FX Fix.

The dollar was steady as traders awaited the nonfarm payrolls report. []

The Australian dollar rose on hopes for U.S. economic health and  a resolution to Europe's debt crisis. [WSJ]

The euro zone's latest moves to contain the debt crisis, combined with interventions in Turkey and Russia, lifted emerging market currencies. [WSJ]

Australia's parliament may investigate alleged Asian currency manipulation. [CNBC]

As expected, the Bank of Japan left interest rates unchanged at its meeting today. [CNBC]

More economic news from Europe: German industrial production beat projections but was still lower in August. []


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