Money in Motion

Europeans Talk, European Bonds Sell, Dollar Slips

Europeans keep negotiating, and Spain and France navigate bond sales - it's time for your FX Fix.

European Central Bank President Mario Draghi signaled he is ready to help with the debt crisis if there are tighter budget controls in the euro zone. [CNBC]

The euro stabilized after Wednesday's rally as attention shifted to the upcoming European Union summit. [Reuters]

Solid demand at Spanish and French bond auctionsboosted risk appetite, and the dollar slipped. []

Asian currencies rallied against the dollar in Asian trading after Wednesday's central bank action. [WSJ]

Australian retail sales were tepid in October, and economists think that boosts the odds of another interest rate cut. [CNBC]



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