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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 3.92% dw 3.98%  
15 Y Fixed Graph 3.04% dw 3.09%  
30 Y Fixed Jumbo Graph 4.15% dw 4.20%  
5/1 ARM Graph 3.10% dw 3.20%  
5/1 Jumbo ARM Graph 3.48% dw 3.51%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.32% up 4.30%  
$50K HELOC Graph 3.98% up 3.97%  
$30K Loan Graph 4.99% -- 4.99%  
$50K Loan Graph 4.34% -- 4.34%  
$75K Loan Graph 4.36% -- 4.36%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.92% dw 2.94%  
36 M Used Graph 3.46% dw 3.48%  
48 M New Graph 3.18% dw 3.19%  
48 M Used Graph 2.99% -- 2.99%  
60 M New Graph 3.18% dw 3.20%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.40% up 0.39%  
1 yr Graph 0.71% up 0.70%  
5 yr Graph 1.57% up 1.55%