Money in Motion

Euro Falls, Italian Bond Yields Lift, British Are Out of Work


The euro is slumping, British unemployment is soaring, and dollar coins are on their way out - it's time for your FX Fix.

The euro hit an 11-month low against the dollar on worries about sovereign debt downgrades. Italian bond yields rose. [CNBC]

British unemployment neared a 17-year high, and the pound slipped. []

Australian consumer sentiment weakened and the Aussie dollar slipped before recovering some ground. []

The Chinese yuan hit its downside limit, the tenth time in 11 sessions, after the euro fell. [WSJ]

Long positions on the Mexican peso are rising. [WSJ]

The U.S. Mint is suspending production of dollar coins. No more quarter confusion at vending machines.[WSJ]



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