Money in Motion

Trash Talk From Trichet, Sunny Skies in Switzerland

The European Central Bank's Trichet sees red, and hedge funds see problems in Mexico. It's your Thursday FX Fix.

European Central Bank President Jean-Claude Trichet said Greece's problems threaten the stability of the euro zone,and the euro is sagging. [FT]

U.S. growth worries are driving hedge funds out of the Mexican peso. [FT]

Disappointing jobs data is muddling the picture for the dollar after Fed Chairman Ben Bernanke's gloomy assessment of the economy yesterday sent investors into the safe-haven currency. [WSJ

Strong Swiss trade statistics are pushing the franc higher. [RTT]

The Australian dollar's pain is the New Zealand dollar's gain. [WSJ]

Multi-Currencies v the Dollar

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