Money in Motion

Dollar Awaits Jobs Data, Euro Awaits Greek Vote

Australia goes downbeat, and Greek no-confidence vote gives none - it's time for your FX Fix.

The euro eased early Friday as investors awaited a no-confidence vote in Greece. [CNBC]

Australia's central bank cut its growth forecast, and the Australian dollar and New Zealand dollar slipped. [CNBC]

The dollar was in a holding pattern ahead of the release of new employment data. []

Italy agreed to have the European Union and the IMF monitor its progress with reforms of pensions, labor markets, and privatization. [Reuters]

G20 leaders promised to move more rapidly toward more flexible and market-determined exchange rate systems, according to a draft action plan. [Reuters]

Bank of New York Mellon may be in talks with federal prosecutors to settle a civil lawsuit over its currency-trading practices. [WSJ]


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