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Dollar mixed after data shows potential for new UK recession; hopes rise for Japan stimulus

The dollar is mixed against other major currencies following weak British economic data and the possibility for new stimulus in Japan.

The euro is up a fraction against the dollar, trading at $1.304, from its $1.3038 late Monday.

The British pound is recovering some of its earlier drop. It is down to $1.4860, after earlier falling as far as $1.4830, its lowest level since June 2010. The decline followed the release of weak British industrial production figures. Late Monday, the pound was worth $1.4929.

The dollar fell to 95.98 Japanese yen from 96.27 yen late Monday. The yen fell earlier as expectations increased that the Bank of Japan will soon announce a big stimulus program to get the Japanese economy going again.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.82% up 3.80%  
15 Y Fixed Graph 3.05% up 3.01%  
30 Y Fixed Jumbo Graph 4.12% dw 4.17%  
5/1 ARM Graph 3.19% up 3.17%  
5/1 Jumbo ARM Graph 3.19% dw 3.34%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.60% -- 4.60%  
$50K HELOC Graph 4.09% dw 4.11%  
$30K Loan Graph 4.91% dw 4.92%  
$50K Loan Graph 4.34% dw 4.35%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.73% dw 2.76%  
36 M Used Graph 3.22% dw 3.25%  
48 M New Graph 2.97% dw 3.04%  
48 M Used Graph 2.76% dw 2.87%  
60 M New Graph 3.12% dw 3.13%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.38% -- 0.38%  
1 yr Graph 0.70% -- 0.71%  
5 yr Graph 1.48% -- 1.48%