Dollar Poised to Rise, Yuan Gets a Nudge


Economic hopes are set to lift the buck and the Swiss National Bank gets no respect - it's time for your FX Fix.

The dollar was on course to push higher on further evidence of an improving U.S. economy. [CNBC]

A top Federal Reserve official said he dissented from recent interest rate decisions and thinks a hike might be needed in 2013. [CNBC]

The Chinese yuan rose on surprisingly strong guidance from the central bank.

New promises by the Swiss National Bank that it would act to curb the franc's strength failed to keep the currency from rising. [FT]

Firmer than expected export data pushed the Singapore dollar higher.

Euro zone industrial production beat expectations, but it failed to lift the euro. []



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