Dollar Awaits Data, China Shifts Reserves


China's dollar reserves drop, and U.S. economic data awaits - it's time for your FX Fix.

The euro hit a one-week low against the dollar after the European Central Bank's refinancing operation. [CNBC]

After Wednesday's rise, the dollar stabilized ahead of the release of U.S. economic data. [WSJ]

China appears to have slashed the portion of reserves it parks in dollars to a decade low. [WSJ]

The Australian and New Zealand dollars edged higher after robust data at home and in China. [CNBC]

Switzerland's economy grew more than expected in the fourth quarter, easing pressure on the central bank to take more steps to stem the Swiss franc's rise.



Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about at