Money in Motion: Currency Trading
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Euro Slips, Loonie Descends
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Currency Blogger, CNBC.com
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The euro is under pressure and Switzerland's top central banker is under fire - it's time for your FX Fix.
The euro hit a 16-month low against the dollar on continuing worries about funding pressures. [CNBC]
The dollar index was close to a 52-week high ahead of the nonfarm payrolls report. [fxstreet.com]
Canadian unemployment unexpectedly rose, and the Canadian dollar slipped. [fxstreet.com]
Switzerland's central bank governor rejected calls for him to quit over currency trades by his wife. [FT]
Turkey's central bank governor said Turkey would support the lira, and it rose. [CNBC]
The Hungarian forint regained some lost ground after the government and central bank moved to shore up confidence. [FT]
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MULTI CURRENCIES VS THE DOLLAR
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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.
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