Rumors Hit Euro, Tough Talk Hits the Yen

fx_fix_1_200.jpg

Spain survives its bond sale and Japan talks down the yen - time for your FX Fix.

Demand was solid at Spain's bond auction, but borrowing costs rose, and euro traders were not impressed. [CNBC]

Unconfirmed rumors that France's debt would suffer a rating cut sent the euro lower. [Reuters]

Decent bond auctions by Spain and France helped the British pound build on Wednesday's gains. [WSJ]

Japanese authorities continued their verbal intervention to curb the yen's strength, and it weakened. [FT]

Australia's prime minister is boosting pressure on the central bank to cut interest rates. [WSJ]

Strengthening oil prices lifted the Canadian dollar. [RTT]

--------------------

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 moneyinmotion@cnbc.com.