Euro Dips, Yen Lifts, Brazil Has a Beef


The Bank of Japan stays pat and a trade surplus grows in China - it's time for your FX Fix.

The yen hit a one-month high against the dollar after the Bank of Japan refrained from further easing. [CNBC]

Worries about Spain's economic health sent the euro lower. [WSJ]

Brazil's president is not happy with U.S. easy-money policies. [CNBC]

Swiss National Bank President Thomas Jordan said Swiss resolve to keep the Swiss franc below a target rate is unchanged despite last week's sudden rise. [WSJ]

China's unexpected trade surplus in March could renew calls for the country to let its currency rise. [NYT]

The average daily value of foreign exchange transactions crossed $5 trillion in March. [Reuters]



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