The News Review:

- FREX-Dollar climbs vs yen buoyed by China optimism
- FREX-Euro slips vs dollar before ECB rate verdict
- Brazil’s spot forex sales rise to $14.5 bln-c.bank
- FREX-Euro gives back gains after Bernanke US housing data
- Brazil Soy Trade Lifted By Favorable Forex This Week

FREX-Dollar climbs vs yen buoyed by China optimism
Reuters
stocks up euro rallies from 3-month low vs dollar * Plans for more Chinese spending boost risk appetite * U. private employers shed 69700 jobs in February (Updates prices adds quotes) By Gertrude Chavez-Dreyfuss NEW YRK March 4 (Reuters) – The U. dollar scaledfour-month peaks against the yen on Wednesday as news aboutChina’s latest stimulus package and data suggesting its economyis beginning to recover rekindled investors’ risk appetite. The news fueled a rally on Wall Street lifting it from12-year lows hit and prompted selling in the greenback versusthe euro and other higher-yielding currencies such as theAustralian and New Zealand dollars. “The biggest news today came out of China and that seems tohave a bigger impact on risk appetite than market activity”said Robert Blake senior currency strategist at State StreetGlobal Markets in Boston.

FREX-Euro slips vs dollar before ECB rate verdict
Reuters
Sterling also fell against the U. currency as the Bank ofEngland looks set to lower interest rates to close to zero onThursday and announce it will start raising the money supply todrag Britain out of recession. [ID:nL4526405] The dollar stayed within sight of a four-month high againstthe yen as investors were concerned about a deteriorating economyand deepening political uncertainty in Japan.
Related from Zjkjw: Might as well make this an all-Geithner day

Brazil’s spot forex sales rise to $14.5 bln-c.bank
Reuters
bank| Currencies| Reuters. 5billion in intervention in the spot foreign exchange marketsince early ctober to meet growing demand for the U.

FREX-Euro gives back gains after Bernanke US housing data
Reuters
Johnson NEW YRK March 3 (Reuters) – The dollar rose against theyen on Tuesday after weak U. housing data and a warning fromFed Chairman Ben Bernanke that more must be done to securemarket stability enhanced the greenback’s safe-haven appeal.

Brazil Soy Trade Lifted By Favorable Forex This Week
CNNMoney.com
The May soybean futures contract on the Chicago Board of Trade settled fourcents higher at $8. 48 a bushel on Tuesday. This compared to $8. 44 at the end oftrading on Monday.