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Euro Slips, Loonie Dips, Yen Gets a Lift

The Greek tragedy weighs on the euro, but Japan's GDP lifts the yen - it's time for your FX Fix.

The euro fell below 1.27 on worries about Greece and its banks. [WSJ]

Meanwhile, the dollar index hit a four-month high as investors sought a safe haven. [Reuters]

The Canadian dollar fell on worries about the euro zone and falling crude oil prices. [actionforex.com]

Japan's GDP increased more than expected, and the yen rose. [actionforex.com]

Spain's borrowing costs shot up, and economic data showed it is back in recession. [Reuters]

Societe Generale told clients that rates on the Brazilian real could become disorderly if individual investors unwind positions over worries about the euro zone. [WSJ]

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