Greek Talks Hit the Euro, Dollar Gets a Lift
Slow progress on Greek debt and a looming EU summit sap risk appetite and lift the buck — it's time for your FX Fix.
The euro slipped as short covering waned and investors awaited the outcome of Greek debt negotiations. [CNBC]
Emerging market currencies fell with the euro on worries about the progress of the Greek debt talks. [WSJ]
The dollar soared in Asian trading ahead of the European Union summit today.
The Greek finance minister rejected a German plan to impose on Greece an EU budget overseer. [CNBC]
Some currency traders believe there is money to be made by playing the clock. [WSJ]
Turkey's central bank governor is happy with the lira's recent surge. [WSJ]
MULTI CURRENCIES VS THE DOLLAR
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 email@example.com.