China loosens up and Spanish yields lift - it's time for your FX Fix.
China expanded the yuan trading band against the dollar, but it ended lower, and well within the new limit. [CNBC]
Mounting worries about Spain pushed government bond yields over six percent. [Reuters]
The euro slid on worries about Spain, but steadied on news of an improving euro zone trade balance. [RTT]
The New Zealand dollar weakened amid rumors that officials were looking for ways to counteract its stubbornly high levels. [fxstreet.com]
Brazil criticized U.S. monetary policy and the persistent weakness of the dollar, and neighboring countries supported the critique at a regional summit. [WSJ]
Currency trading by retail investors surged in 2011, even as hedge funds retrenched. [WSJ]
MULTI CURRENCIES VS THE DOLLAR
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 email@example.com.