Go Symbol Lookup
Loading...

Dollar Weakens, Euro Slips

 Text Size  
Published: Monday, 8 Aug 2011 | 8:12 AM ET
Kelley Holland By:

News Writer

The dollar slips, the euro loses steam, and Moody's wants Japan to leave the yen alone - time for your FX Fix.

The dollar is weaker against major currencies after the S&P downgrade. [forbes.com]

After indications of European Central Bank bond buying, the euro lifted - but only briefly. [CNBC]

Moody's warned Japan to quit intervening to weaken the yen. [Reuters]

As the Swiss franc hit a new record against the dollar, the Swiss news agency says the government is meeting to discuss the currency's strength. [morningstar.co.uk]

The South Korean won is having its worst day in nine months and other Asian currencies are also weaker as investors pare back risk. [economictimes.com]

CURRENCY FUTURES:

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm.

"Money in Motion Currency Trading" repeats on Saturdays at 7pm.

 Print
The dollar deflates, the euro loses steam, and Moody's wants Japan to leave the yen alone - time for your FX Fix.

   
Comments

 

More Comments

 
 

Add Comments

 

Your Comments (Up to 1100 characters):

Remaining characters

Your comments have not been posted yet.

Please review your submission to make sure you are comfortable with your entry.

Your Comments:


                
            
            
        

Featured

Community

  • Crosses. Pairs. The figure. What do these terms mean? Click on Key Currency Terms, and learn the essential vocabulary used every day in the $4 trillion dollar currency market.

  • Sign up for CNBC's Money In Motion Currency Trading Editions of Morning Brief and Evening Brief.