Euro Slips, Yen Stays Strong
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Recession warnings sting, Italian debt gets no love, and the euro's in a funk. Weak demand at an Italian debt auction is weighing heavily on the euro. [CNBC] A warning from Standard
& Poor's about the rising risk of a double dip European recession isn't helping either. [CNBC] The Chinese yuan hit a record high as the central bank apparently ratcheted up
its inflation fight. [CNBC] Why is the yen so strong? Because Japan is weak. [WSJ] The Swiss franc was weaker and commodity currencies stronger as risk appetite improved in Asian trading.
[Reuters] The Chilean peso is on a roll. [WSJ] .......................................................... CURRENCY FUTURES: _Tune In: CNBC's "Money in Motion Currency Trading"
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