Money in Motion

Dollar Slips, Riskier Currencies Lift on Europe Hopes

It's all about the potential European debt plan today - time for your FX Fix.

The dollar slipped slightly as investors grew hopeful that there would be a Euro debt plan. []

Emerging market currencies also moved higher as talk of a European debt plan gave investors more of an appetite for risk. []

Hopes for a Europe debt plan were tempered after Spain's finance minister threw cold water on the talk, and the euro dipped. [CNBC]

Is Mrs. Watanabe behind the yen's inexorable rise? [WSJ]

The British pound hit a six-day high against the dollar and yen as risk appetite recovered slightly. [RTT]


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