Dollar Hangs Tough, British Pound Bounces


Retail sales support the dollar and jobs data lifts the pound - it's time for your FX Fix.

The dollar held steady, near a one-month high against the yen, after Tuesday's upbeat retail sales report. [CNBC]

Reduced hopes for U.S. economic stimulus sent the euro lower in European trading. []

Could the dollar finally resume trading on the economic outlook, instead of risk appetite? [CNBC]

The Australian dollar slipped against the U.S. dollar in the wake of the U.S. retail sales report. [WSJ]

A strong employment report, along with meeting minutes from the Bank of England, boosted the British pound. [FT]

Weakness in the Chinese yuan could hinder China's efforts to internationalize its currency. [FT]



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