Greek elections weigh on sentiment and Tokyo gets pricey - it's time for your FX Fix.
The euro steadied after the euphoria from Spain's bank bailout faded, but the
Emerging market currencies weakened on worries about the euro zone. [WSJ]
With the yen so strong, it's okay to intervene, the IMF told Japan - and the yen fell against the euro and dollar. [WSJ]
Bank of Japan Governor Shirakawa called for exchange-rate flexibility in big Asian economies to ward off abrupt shifts in capital flows. [Reuters]
Hong Kong's former monetary chief said the country should review its dollar peg and consider linking to the Chinese currency. [FT]
Tokyo is now the most expensive city in the world for expats, thanks to the yen's rise. [CNBC]
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 firstname.lastname@example.org.