Euro Rises, British Pound Lifts, and a Porky Currency Is Born


Hope for a court ruling lifts the euro, and Oscar Mayer plans to barter with bacon — it's time for your FX Fix.

The euro hit a four-month high on optimism that a German court will issue a ruling bolstering the bailout. [CNBC]

A top German court on Wednesday intends to issue a ruling on the constitutionality of the euro bailout. []

The Singapore dollar hit a one-year high as the euro rebounded on hopes for the German court ruling. [Reuters]

Speculation that the Federal Reserve will announce further easing sent the dollar lower against the yen. [Reuters]

The U.K. trade deficit dropped to its lowest point in 2012, and the British pound rose. []

Oscar Mayer is promoting a new bacon as a new currency. Really. [NYT]



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