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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 3.97%  
15 Y Fixed Graph 3.00% dw 3.08%  
30 Y Fixed Jumbo Graph 4.23% dw 4.37%  
5/1 ARM Graph 3.48% up 3.44%  
5/1 Jumbo ARM Graph 3.66% up 3.65%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.56% dw 4.59%  
$50K HELOC Graph 4.07% up 4.06%  
$30K Loan Graph 4.96% dw 4.98%  
$50K Loan Graph 4.34% -- 4.34%  
$75K Loan Graph 4.34% -- 4.34%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.66% dw 2.67%  
36 M Used Graph 3.18% -- 3.18%  
48 M New Graph 2.94% -- 2.94%  
48 M Used Graph 2.79% -- 2.79%  
60 M New Graph 3.05% -- 3.05%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.40% dw 0.41%  
1 yr Graph 0.71% dw 0.73%  
5 yr Graph 1.50% up 1.45%