Trash Talk From Trichet, Sunny Skies in Switzerland

Thursday, 23 Jun 2011 | 10:01 AM ET

The European Central Bank's Trichet sees red, and hedge funds see problems in Mexico. It's your Thursday FX Fix.

European Central Bank President Jean-Claude Trichet said Greece's problems threaten the stability of the euro zone,and the euro is sagging. [FT]

U.S. growth worries are driving hedge funds out of the Mexican peso. [FT]

Disappointing jobs data is muddling the picture for the dollar after Fed Chairman Ben Bernanke's gloomy assessment of the economy yesterday sent investors into the safe-haven currency. [WSJ

Strong Swiss trade statistics are pushing the franc higher. [RTT]

The Australian dollar's pain is the New Zealand dollar's gain. [WSJ]

Multi-Currencies v the Dollar

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