GO
Loading...

Loonie Dips, Euro Slips, Pound Sinks

With all eyes on Europe, risk-on currencies head south - it's time for your FX Fix.

Rising bond yields on Italian and Spanish debt underscored Europe's problems and sent the euro lower. [CNBC]

European GDP grew by 0.2% in the third quarter, as expected, and recession talk is also weighing on the euro. [dailyfx.com]

Worries about the European crisis sent the Australian dollar lower. [WSJ]

With Europe's turmoil not letting up, the Canadian dollar hit a five-day low against the dollar. [RTT]

British inflation eased to 5%, sending the pound lower against the dollar. [economictimes.com]

CURRENCY FUTURES:

Tune In: CNBC's "Money in Motion Currency Trading" airs on Fridays at 5:30pm and repeats on Saturdays at 7pm.

Learn more: The essential vocabulary for currency trading is on Key Currency Terms. Top strategies are broken down for you in Currency Class.

Talk back: Tell us what you want to hear about at moneyinmotion@cnbc.com.