Dollar Jumps, Loonie's In the Dumps
The dollar is jumping against the euro, but the loonie is losing altitude — it's time for your Friday FX Fix.
The euro snapped four days of gains, weakening on new worries about Spain and Greece. [Reuters]
When traders sold the euro they bought the dollar, and when it jumped it helped spark a selloff in oil futures. [WSJ]
Most economists in a new poll believe the euro will fall and the dollar will rise after QE2 ends and risk sentiment shifts. [Reuters]
The Canadian dollar is weaker after disappointing retail sales reports and a lower than expected CPI. [WSJ]
The Bank of Japan left a key interest rate unchanged. Well, it would be hard to ease from under 0.1 percent. [AFP]
Multi Currencies vs. the Dollar
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