Money in Motion

Euro Falls, Asian Currencies Sag, FOMC News Awaits


Europe clouds the market, and the Swiss expect slowness - it's time for your FX Fix.

The dollar slipped ahead of a policy decision from the Federal Reserve's interest-rate setting committee meeting. [WSJ]

After rating agencies threatened European sovereign rating cuts, the euro touched two-month lows against the dollar. [CNBC]

Worries about Europe hit emerging market currencies in Asia. []

The Indian rupee hit an all-time low against the dollar on worries about Europe and shrinking factory output. [CNBC]

It's official: the Swiss expect slower growth in 2012. The franc was mixed against other currencies after the forecasts' release. [RTT]

U.K. inflation slowed to 4.8% in November, as expected, but there is more speculation about possible stimulus in 2012. []



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