Real-Time Quote
US News
Page 1 of 2 | Next Page
Show Entire Article

Euro Slips, Aussie Dollar Dips, BRICS Go Local
CNBC.com | March 29, 2012 | 08:01 AM EDT

Confidence shrinks in Europe and year-end weighs on the yen - it's time for your FX Fix.

The yen rose, boosted by demand linked to the end of Japan's fiscal year. [CNBC]

A general strike in Spain and shrinking economic confidence sent the euro lower. [FT]

Lower commodity and stock prices weighed on the Australian dollar in Asian trading. [WSJ]

Ahead of the release of Canadian manufacturing data, the U.S. dollar and the loonie were trading at parity. [fxstreet.com]

The South African rand steadied ahead of a monetary policy meeting, a day after falling sharply Thursday on news of a Standard & Poor's rating cut. [Reuters]

In a move to insulate themselves from U.S. and euro zone economic woes, export-import banks in Brazil, Russia, India, China and South Africa will extend credit facilities to each other in local currencies. [WSJ]

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

CURRENCY FUTURES:

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 .

Page 1 of 2 | Next Page
Show Entire Article
Real-Time Quote
omniture pixel