Money in Motion

Dollar Weakens, Euro Slips

The dollar slips, the euro loses steam, and Moody's wants  Japan to leave the yen alone - time for your FX Fix.

The dollar is weaker against major currencies after the S&P downgrade. []

After indications of European Central Bank bond buying, the euro lifted - but only briefly. [CNBC]

Moody's warned Japan to quit intervening to weaken the yen. [Reuters]

As the Swiss franc hit a new record against the dollar, the Swiss news agency says the government is meeting to discuss the currency's strength. []

The South Korean won is having its worst day in nine months and other Asian currencies are also weaker as investors pare back risk. []


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