Yen Slides, Brazil Gets 'Real' Tough


Japanese data disappoints and Brazil fights its currency's strength - it's time for your Friday FX Fix.

The dollar hit a nine-month high against the yen after Japanese core consumer prices fell - again. [CNBC]

Weaker than expected economic data in the U.S. and Europe sent the euro lower for a third day. [FT]

Strong stock and commodity prices lifted the Australian dollar against the yen and the dollar. [CNBC]

Brazil is stepping up its battle to curb the yen's rise. [CNBC]

European Union leaders met in Brussels, where 25 of 27 countries signed the new fiscal compact. [Reuters]

China widened its trade-settlement rules, boosting its efforts to make the yuan a more international currency. [Reuters]



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