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Dollar Lifts, Loonie Slips

Friday, 24 Jun 2011 | 9:45 AM ET

The dollar rides some good economic news, for a change, and the Bank of England's Mervyn King delivers a scolding — time for your FX Fix.

Relatively positive U.S. economic data is lifting the dollar. [WSJ]

China's yuan slipped as the central bank guided it lower and the dollar showed strength. [WSJ]

Bank of England Governor Mervyn King says Greece needs some tough love to solve the euro zone's crisis. [FT]

The fall in oil prices is taking its toll on the Canadian dollar. [Reuters]

No surprises here: Mario Draghiis the new president of the European Central Bank. [Reuters]

Greece reached agreement on an austerity plan, but it hasn't given the euro much of a bounce. [Reuters]

CURRENCY FUTURES:

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