Money in Motion

Euro Dips, Risk Appetite Cools, Summit Looms

Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.

The euro dipped on nervousness about the upcoming summit. [CNBC]

The Hong Kong dollar slipped after a Chinese bank bought U.S. dollars. [WSJ]

Canadian inflation came in stronger than expected, and the Canadian dollar rose - briefly.

The Indian rupee fell and risk appetite in Asia remained soft due to the European crisis. [WSJ]

The U.K. budget deficit narrowed, but investors are fixated on the EU summit. []

The European Union is in its deepest debt since its creation. []



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