Money in Motion

Safe Havens Rule Again

Safe haven currencies are on a roll again, and everything else is sagging - time for your Freaky Friday FX Fix.

The dollar rose after a stronger than expected payroll report.[]

Hedge funds are buying yen and selling dollars because they doubt the Bank of Japan can weaken the currency. [WSJ]

The Turkish lira slid further after the central bank's moves to prop up the currency were seen as inadequate. [CNBC]

Canada's jobs report helped the loonie pare losses against the dollar. [Reuters]

The Australian dollar fell sharply on worries about the global economy. [WSJ]


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