Dollar Lifts, Yuan May Loosen Up


The Fed buoys the buck and China's president talks reform — it's time for your FX Fix.

The dollar rose broadly after improving U.S. data and a slight upgrading of the Federal Reserve's forecasts. [CNBC]

China's president says the country will accelerate currency reforms and yet the yuan float more freely. [CNBC]

The euro inched higher after the release of fresh data on consumer prices and industrial production. [RTT]

A more upbeat tone from the Federal Reserve and weak domestic data sent the Australian dollar lower. [WSJ]

Disappointing U.K. labor market data weighed on the British pound. [FT]

Brazil's finance minister said the country will continue trying to rein in its currency while addressing chronic structural economic problems. [WSJ]



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